CAJ | 학술논문

跨国并购正成为中国企业对外投资的重要方式，并引起了国内外的广泛关注。中国企业在关国的跨国并购活动尤为突出，其中胜负交杂、喜忧参半。目前，中国企业要实现在美跨国并购还面临许多问题，主要有规模较小、资金不足、结构较差，经营目的不明确，企业不具备应对国际化经营的能力，研究与开发能力有限等等。指出为推动中国跨国公司的加快发展，政府应该给予政策上的大力支持，要创造良好的外部环境；其次作为企业自身，要有明确的目标，不断创造并维持独有的竞争优势，增强技术创新能力，实施发挥比较优势、降低成本的全球化经营战略。
과국병구정성위중국기업대외투자적중요방식，병인기료국내외적엄범관주。중국기업재관국적과국병구활동우위돌출，기중성부교잡、희우삼반。목전，중국기업요실현재미과국병구환면림허다문제，주요유규모교소、자금불족、결구교차，경영목적불명학，기업불구비응대국제화경영적능력，연구여개발능력유한등등。지출위추동중국과국공사적가쾌발전，정부응해급여정책상적대력지지，요창조량호적외부배경；기차작위기업자신，요유명학적목표，불단창조병유지독유적경쟁우세，증강기술창신능력，실시발휘비교우세、강저성본적전구화경영전략。
Cross-border M&A( short for cross-border Merger and Acquisition)is now becoming a significant way for Chinese corporations to invest overseas, which has drawn more and more attention from home and abroad. In America, cross-border M&A hosted by Chinese enterprises have seen victory together with failure and sadness a longside happiness, where they are facing a large number of difficulties in integrating successfully recently, such as small scale, lack of capital, inefficient structure, being incapable of international management and not good at investigation and exploitation. To achieve the goal of cross-border M&A, many efforts should be made. First is the sufficient policy support from government, it is necessary for government to create a good external environ- ment. The corporations also need to be aware of their aim of going abroad, and they should create their own com- petitive advantages and then maintain them in the competition, meanwhile they should enhance their ability of in- novation and implement the global strategy of bringing into play of comparative advantages and reducing the cost.