Since 2000, Chinese enterprises have been responding to the call
of the "going out" strategy of the State to conduct
overseas merger and acquisition. Over ten odd years, transnational
mergers and acquisitions have increased noticeably in number and
are considerable in scale. However, merger and acquisition results
were often unsatisfactory and there were even many unsuccessful
cases. As for risks of transnational merger and acquisition, in
addition to traditional political risks, financial risks, operating
risks and so on, the impact of labor problems in target countries
on the success of merger and acquisition has become increasingly
apparent. From the perspective of three cases of overseas merger
and acquisition of Chinese enterprises "striking a reef",
this article warns that Chinese enterprises trying to "go
out" should attach full importance to labor problems in
transnational merger and acquisition.
