Title :
Research on the Staff Relationship Risks in the Merger and Acquisition Process of State-Owned Enterprises
Author :
Liu Qiang ; Lu Yue
Author_Institution :
Sch. of Manage., Wuhan Univ. of Technol., Wuhan, China
Abstract :
With the degree development of China\´s market economy deep, enterprises\´ merger and acquisition is used widely as a main way of the reform of state-owned enterprises. However, the merger and acquisition of state-owned enterprises not only creates profit¿Cbut also brings about risks. On the basis of collecting risk-related literatures, with "Tonghua Iron and Steel Incident" occurrence, this paper analyzes characterization and causes of staff relation risks in the merger and acquisition process of state-owned enterprises. According to risks appearance, risk prevention measures are provided and the early-warned system of staff relation risks is built in the merger and acquisition process of state-owned enterprises, so as to make for achieving a win-win development of enterprises and employees.
Keywords :
corporate acquisitions; macroeconomics; personnel; risk management; steel industry; China market economy deep; Tonghua iron and steel incident occurrence; degree development; early-warned system; merger and acquisition process; risk prevention measures; risk-related literatures; risks appearance; staff relation risks; staff relationship risks; state-owned enterprises; win-win development; Companies; Corporate acquisitions; Government; Iron; Production facilities; Steel;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5998395