【摘要】：本論文的研究目的是通過對吉利收購沃爾沃案例的深入分析，揭示本次收購業(yè)務(wù)的實(shí)質(zhì)內(nèi)涵。本研究首先從了解參與交易的相關(guān)方背景入手，通過開展SWOT分析了解交易相關(guān)方所處的內(nèi)外部環(huán)境和地位，了解相關(guān)方完成本次交易的動因。再通過對相關(guān)方開展財務(wù)分析，了解交易后各相關(guān)方的財務(wù)表現(xiàn)，評價各相關(guān)方交易后的利益得失。吉利集團(tuán)在本次并購案例中獲得了約17億美元罕見的額外收益（即“負(fù)商譽(yù)”）。但是，媒體以及理論界的相關(guān)論文對此都缺乏關(guān)注。為此，本論文著重分析了“負(fù)商譽(yù)”的理論本質(zhì)并結(jié)合本次收購案例分析了“負(fù)商譽(yù)”產(chǎn)生的具體原因。并由此開展了關(guān)于“向管理層讓渡控制權(quán)”的分析和討論。 通過以上的分析和研究，獲得了四個方面的研究成果：1）揭露出吉利集團(tuán)在成功收購沃爾沃過程中所創(chuàng)造的110億人民幣收益存在錯報的問題；2）創(chuàng)新性地提出“負(fù)商譽(yù)”屬性中存在“向管理層過渡讓渡控制權(quán)的”思想；3）揭示出吉利集團(tuán)在成功收購沃爾沃過程中存在向管理層過度讓渡控制權(quán)的問題；4）提出了對吉利集團(tuán)合并財務(wù)報表將沃爾沃納入合并范圍的質(zhì)疑。 以上的種種結(jié)論，，無一不是在提醒會計理論界以及商業(yè)界并購會計中“控制”概念的復(fù)雜性。
[Abstract]:The purpose of this paper is to reveal the essence of the acquisition business through the in-depth analysis of Geely's acquisition of Volvo. First of all, this study starts with understanding the background of the relevant parties involved in the transaction, through the SWOT analysis to understand the internal and external environment and status of the parties involved in the transaction, and understand the motivation of the relevant parties to complete the transaction. Then through the financial analysis of the relevant parties, we can understand the financial performance of the relevant parties after the transaction, and evaluate the benefits and losses of the relevant parties after the transaction. Geely Group made a rare extra profit of about $1.7 billion (negative goodwill) in the merger. However, the media as well as the theoretical circle of the relevant papers are lack of attention to this. Therefore, this paper focuses on the analysis of the theoretical essence of "negative goodwill" and the specific reasons for the emergence of "negative goodwill" combined with this acquisition case. From this, the analysis and discussion on the transfer of control to management are carried out. Through the above analysis and research, four research results have been obtained: 1) it is revealed that there is a misstatement of the 11 billion RMB revenue created by Geely Group in the process of successfully acquiring Volvo; 2) creatively put forward the idea of "transferring control to management" in the attribute of "negative goodwill", 3) reveal the problem of excessive transfer of control to management in the process of successful acquisition of Volvo by Geely Group; 4) raised questions about the inclusion of Volvo in the consolidated financial statements of Geely Group. All the above conclusions are reminding the accounting theorists and the business circles of the complexity of the concept of "control" in M & A accounting.
【學(xué)位授予單位】：首都經(jīng)濟(jì)貿(mào)易大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2013
【分類號】：F275;F426.471

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 呂長江;金超;韓慧博;;上市公司資本結(jié)構(gòu)、管理者利益侵占與公司業(yè)績[J];財經(jīng)研究;2007年05期

2 陳國輝,李守鐸;商譽(yù)會計處理的新思路:分解和歸因化[J];財會月刊;2005年01期

3 姜碩;郭堯;;控制權(quán)與收益權(quán)分離及其對企業(yè)投資規(guī)模的影響[J];財會月刊;2007年29期

4 羅曉波;;淺談商譽(yù)的會計計量[J];財務(wù)與會計;2005年09期

5 李偉;;資本所有者至上理論下的企業(yè)控制權(quán)安排——公司治理兩大理論的邏輯統(tǒng)一[J];當(dāng)代經(jīng)濟(jì)管理;2005年06期

6 郭璇;;吉利汽車收購沃爾沃的成功案例及其啟示[J];對外經(jīng)貿(mào)實(shí)務(wù);2010年12期

7 丁金平;;負(fù)商譽(yù)會計處理研究[J];財會月刊;2010年19期

8 劉曉紅;;吉利沃爾沃的并購資源預(yù)期協(xié)同分析[J];財務(wù)與會計(理財版);2011年05期

9 馬金城;李時;;企業(yè)跨境并購中控制權(quán)缺失下的整合問題研究[J];宏觀經(jīng)濟(jì)研究;2010年11期

10 黃少安,宮明波;共同治理理論評析[J];經(jīng)濟(jì)學(xué)動態(tài);2002年04期

本文編號：2476787