management synergy meaning in English
管理协调作用
Examples
- In the third part , the author analyzes the three sources of synergy : management synergy , operation synergy and finance synergy
文章的第三部分指出并购的协同效应来源于三个方面:管理协同、经营协同、财务协同。 - This article focuses on : the application of valuation models in m & a ; how to value the management synergy effect and the financial synergy effect after the consolidation of two corporations ; how to evaluate the reorganization on the management level to the target company ( the control of target company ) ; how to produce the value reduced effect with the behavior of both vendor and purchaser ; common deviation and mistakes in value appraisal
本文论述重点包括:在并购交易中估价方法的具体应用;两家公司合并后,产生的经营协同效应和财务协同效应对价值是如何影响的,以及定量评估协同效应的方法;重组目标公司和变更管理层(公司控制)对价值的影响,以及如何评估;由于买卖双方的行为,如何对价值产生抵减效应;并购评估常出现的偏差与错误。 - On the other side , through the multi - aspects of research and the experience both from china and abroad on m & a , the article also clarifies its view on the efficiency theory , agency theory , transaction charges theory , value understatement theory , marketing influence theory and wealth reallocation theory . it also gives an explanation on the primitive motive on m & a , i . e . pursuing maximum profit and minimum competitive pressure , which , at the same time , generates the relevant effects : finance synergy , management synergy , market share effect , enterprise development effect , and strategy transit effect . the detail planning of a m & a strategy according to the relevant m & a motive is of critical importance to the success of a m & a operation
企业并购从横向并购、纵向并购、发展到混合并购,反映了企业并购的发展过程;从多种角度对企业并购加以研究,并结合国内外企业并购的实际,阐述了企业并购的效率理论、代理理论、交易费用理论、价值低估理论、市场势力理论、财富再分配理论;分析了企业并购的原始动因? ?追求高额利润与减少竞争压力,并由此产生的效应? ?财务协同效应、管理协同效应、市场份额效应、企业发展效应、战略转移效应;根据企业并购的动机,谨慎规划企业并购战略,对企业并购成功至关重要,可以采用中心多角化战略、复合多角化战略、垂直式整合战略、水平式整合战略来规划企业并购;采用一个合适的方法对目标企业进行价值评估是企业并购中一个重要环节,正确评估目标企业的价值,使交易价格相对公正合理,并能提高交易成功率,避免决策失误;确定企业并购价值后,采用一个合理的支付方式,就完成了企业并购的最后工作。