摘要
杠杆收购是一种高负债的企业收购,如何把举债引起的财务风险控制在较安全程度以内,对收购企业至关重要。杠杆收购财务风险的来源主要有:资本结构变动风险和经营变动风险,用“标准静态控制——模型动态优化体系” 可对收购后的风险进行优化控制。
LBO (Leveraged Buy - Out) is an M&A (Merger & Acquisition) of heavy liabilities.How to control the financial risk resulting from loan completely is the critical problem for the acquisition firm.The Sources of financial risk mainty include: risk for the change of capital structure and risk for the change of management. 'Standard static control - model dynamic bettering system' can exert bettering control on the risk of post - M&A.
出处
《经济经纬》
北大核心
2002年第3期65-67,共3页
Economic Survey
