Strategic Mergers: Three Principles for Managing Risk: Three Principles for Managing Risk

Author: Yu Ying
Publisher:
Publish Date: 2004-08-01
Features: This book is a genuine study of mergers and acquisitions from a strategic level, proposing a series of new concepts and providing a valuable new perspective for corporate management and investment banking professionals. The greatest feature of this book is its seamless integration of theory and practice. It distills the practical essence of Asia Business and summarizes its M&A philosophy, which is bound to push China's M&A into a new level. Starting with a comprehensive review of global M&A, the book delves into the three major types of risks faced during the process. Based on these risks, it proposes three guiding principles for M&A practice, establishing an overall framework of risk classification—risk management—practical guidance. A prominent feature of this book is its emphasis on viewing M&A from new concepts, angles, and perspectives. It highlights that M&A is not just the acquisition of assets, but also the acquisition of core knowledge and the people who possess core resources. It emphasizes that M&A is a gradual process of cultivating a mature capability in businesses, which is a highly execution-dependent system composed of countless details.