Research On The Application Prospect Of Leveraged Buyouts In Our Country

With the development of Chinese capital market, the number of the mergers and acquisitions among Chinese corporations arise progressively. To develop quickly, enterprises group often use the means of operation of the capital.As a new form of corporation mergers and acquisitions,leveraged buyouts has been payed more and more attention in academic field of China. We discuss the strategy mode of American leveraged buyouts by analyzing the occurring background. Here we deeply study the principle, the whole process and the venture of leveraged buyouts, and analysis the meaning and advantage of leveraged buyouts. Relating to the situation of our country ,the paper puts its emphasis on the restrict of leveraged buyouts in our country and gives some policy advices. It demonstrates the feasibility of leveraged buyouts in our country by case analyzing that occurred in China.I think leveraged buyouts,which is very popular in western country is sure to play a great role in Chinese economy development. And I also hope that this paper will enlighten the the research of leveraged buyouts in academic and corporation field of China.