中小企業(yè)國際化成長途徑研究——基于ASSA ABLOY的并購分析.pdf

1、目錄摘要3Abstract41前言511研究背景512選題意義513研究方法62中小企業(yè)的概述821中小企業(yè)的界定一822中小企業(yè)的特點83國際化理論研究回顧1031對外直接投資視角下的國際化理論分析1032國內外中小企業(yè)國際化研究現狀分析134中小企業(yè)國際化的途徑分析1841內生國際化模式1842聯盟國際化模式1943并購國際化模式2l5ASSAABLOY的國際化途徑選擇2551安防行業(yè)的產業(yè)環(huán)境分析：2552ASSAABLOY面臨的

2、機遇與挑戰(zhàn)2753ASSAABLOY的國際化途徑選擇296ASSAABLOY的全球并購擴張策略3161ASSAABLOY的并購策略3162ASSAABLOY的融資策略3963ASSAABLOY的整合模式457總結5571ASSAABLOY并購效應分析5572中國企業(yè)的借鑒意義60參考文獻62附錄1：ASSAABLOY全球典型并購活動匯總(1994—2008)64附錄2：ASSAABLOY并購融資方式67致謝692AbstractWitl

3、l恤rapiddevelopmentofeconomyglobalization，itposesagreatchallengetotheoperationandmanagementofmodernenterprises，especiallyforthesmallandmediumsizeenterprise(SME)Inordertogainmoreadvantages，SMEinmanycountriestrytheirbesttof

4、indeffectivewaytointemalizationTherearedifferentroadsforSMEtoentertheglobalmarketandexpandthemarketsharedependingontheindustryenvironmentandstrengthofenterprise，suchasinternalgrowth，alliance，mergerandacquisition(M&A)Beca

5、useofsmallscalesandlimitationsinfinancesandresources，itbecomesdifficultforthemtodeveloptheirownstrengthonlythroughinternalgrowthAsaresult，M&AhasbecomethebrilliantwayforSM[EtobreakbarriersbetweencountriesandintegrateCOrec

6、ompetencetodeveloptheglobalmarketshareThisessayisbasedonanactualcase，ASSAABLOYoneofthebiggestplayersinlocksanddoorhardwares，whichacquiredtheCOreresourcethroughcrosscountryacquisitionThisthesisreviewedtheiracquisitionmode

7、l，acquisitionfinancingandintegrationstrategiesThroughanalyzingmarketshare，capitalstructureandprofitcapabilitiesafterovertenyearsacquisition，crosscountryacquisitionisprovedverysuccessfulforSMEinternalizationItCanbeagoodex