摘要
我国上市公司的管理层收购仍处于起步阶段,在实践中受到很多因素的制约,出现了不少的问题,其中最为关键且突出的是收购过程中的融资问题。针对这个问题,作为杠杆收购的一种,MBO要求金融市场充分活跃和具有高效率,而基于我国目前市场经济还不完善、资本市场仍处于发育阶段,以及各项法律制度建设也不健全的现状,对我国上市公司管理层收购融资进行了具体的分析,以使其更加完善,从而减少风险。
Nowadays the management buyout of listed companies is still in its infancy in China. It is restricted by various factors in practice. There are a lot of problems in management buyout. The most crucial and prominent in the process of the management buyout is the problem of financing. As a leveraged buyout, MBO requests fully active financial markets and high efficiency. But the market - based economy is not perfect ; the capital market is still in its developing stages, as well as the construction of the legal system has not been completed under the status quo of China. Financial analysis was deliberately studied for management buyouts of listed companies to perfect the management buyouts and lower risks.
出处
《武汉理工大学学报(信息与管理工程版)》
CAS
2010年第1期135-138,共4页
Journal of Wuhan University of Technology:Information & Management Engineering
关键词
上市公司
管理层收购
融资渠道
listed company
management buyout
financing channel