this is a study on the multinational corporations「 choice of entry: whether through greenfield investment or merger & acquisition.
文章研究了跨国公司进入东道国时的模式选择问题,即新设投资或并购现有的企业。
so the mode of foreign direct investment in china is changing from the greenfield investment past to merger and acquire now.
跨国公司在华投资方式也随之发生了变化:由早期的投资建立新厂到现在的投资并购国内企业。
on the basis of above analysis, this paper also analyzed the reasons on the present chinese situation why mnc choose hostile rarely and favor the greenfield investment in china.
在此分析基础上,本文结合我国现状,分析了跨国公司在我国很少进行恶意并购的原因及而选择绿地投资的原因。
second method is comparison, in chapter four, we compare the barriers of greenfield investment and m&a, the costs of them and benefits of them.
第二种研究方法是比较研究法,体现在第四章,比较了跨国银行在中国新设投资和并购障碍,新设投资和并购的成本以及新设投资和并购的收益。
as we all know, since 1990」s transnational mergers & acquisitions has already substituted greenfield investment to be the hot topic in the field of international investment.
众所周知,自二十世纪九十年代以来,跨国并购就已取代绿地投资,成为国际投资领域里的热门话题。