认为并购的财务风险具体表现为系统性风险和非系统性风险。其中系统性风险指

It is believed that the financial risks of mergers and acquisitions are specifically systemic risks and non-systemic risks. Among them, systemic risk refers to the risks caused by the external environment that all companies cannot avoid, such as the global financial crisis; non-systemic risk refers to the risks arising from each company's merger and acquisition decisions, such as corporate pricing and financing.

It is believed that the financial risk of merger and acquisition is embodied in systemic risk and non-systemic risk. Systemic risk refers to the risks posed by the external environment that all enterprises cannot avoid, such as the global financial crisis, and non-systemic risks refer to the risks arising from each firm's merger and acquisition decisions, such as pricing and financing.

The financial risks of M & A are system risks and non system risks. Among them, systematic risk refers to the risk that all enterprises can't avoid brought by the external environment, such as the global financial crisis; non systematic risk refers to the risk that each enterprise produces due to the merger and acquisition decision, such as the pricing and financing of enterprises.<br>