Earnout:并购重组中业绩补偿困境突破——基于数知科技的跨境并购案例
F275; 近年来业绩补偿协议频频引发业绩失诺、高估值高溢价、巨额商誉等问题,已无法满足资本市场的并购需求.为解决当前并购困境,通过深入研究数知科技的并购案例,分析总结Earnout协议在并购交易中的优势和风险,得出一个可以借鉴与推广的设计样本,并就Earnout协议的风险缺陷提供解决方案.研究发现,对比国内业绩补偿协议,Earnout协议应对风险的能力更强、激励效果更佳,有助于纾解当前的一些并购困境....
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| Veröffentlicht in: | 财会月刊 2020-03 (7), p.9-18 |
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| creator | 池昭梅 黎曦 |
| description | F275; 近年来业绩补偿协议频频引发业绩失诺、高估值高溢价、巨额商誉等问题,已无法满足资本市场的并购需求.为解决当前并购困境,通过深入研究数知科技的并购案例,分析总结Earnout协议在并购交易中的优势和风险,得出一个可以借鉴与推广的设计样本,并就Earnout协议的风险缺陷提供解决方案.研究发现,对比国内业绩补偿协议,Earnout协议应对风险的能力更强、激励效果更佳,有助于纾解当前的一些并购困境. |
| doi_str_mv | 10.19641/j.cnki.42-1290/f.2020.07.002 |
| format | Article |
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| source | 国家哲学社会科学学术期刊数据库 (National Social Sciences Database) |
| title | Earnout:并购重组中业绩补偿困境突破——基于数知科技的跨境并购案例 |
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