Financial Integration Strategies of Chinese Enterprises after Cross-border Mergers and Acquisitions: A case of Geely and Volvo

Abstract

This paper takes Geely’s acquisition of Volvo Cars as an example to explore the financial integration and risk management of multinational corporations in cross-border mergers and acquisitions. Drawing on the specific context of cross-border M&A in China, it systematically summarizes the key risks associated with financial integration, such as financial mechanisms, financial management, financial performance, and crosscultural communication barriers. Using a case study approach, this article traces Geely's financial integration trajectory, analyzes how these risks manifested in the Volvo acquisition, and proposes targeted mitigation strategies. The findings aim to provide practical guidance for companies in China and other emerging markets conducting cross-border M&A, helping them prevent and manage financial integration risks, thereby successfully completing integration and supporting their long-term development.