The Legal Analysis Of The Administratiom And Supervision Authorities Purchase

The administration and supervision authorities purchase as the way of the transactions of property right of the enterprises have already had a history of more than 20 years abroad.The administration and supervision authorities purchase usually means a kind of the companies purchase behavior that the administration and supervision authorities or manager layer of the target company use the debt-credit financing to buy the shares of the own firm, thus change the owner's structure of the company , grasp the shareholding of the company to re-combinate the company and through its management to obtain the expectant earnings.In abroad, administration and supervision authorities purchase is considered to be an effective measure to reduce the firm's surrogate cost,so it has been developed rapidly.At present our country is going through the deepest level of the economic system reform .its main aim is to mold the real market main body and its chief manner is taking the country enters the people and retreats, its core is the change of enter prise's property relations.The means of administration and supervision authorities are as a kind of property right change means has been used in reforming system of state-owned enterprises, basing on the above-mentioned purposes .This discourse purchases the background produced as the starting point, in order to cut the entry with the discussion of the intension and the extention which administration and supervision authorities purchase, attempting to purchase a deeper understanding to administration andsupervision authorities, in order to enable the article to try one's best to press close to reality, to our country being in reform of the state-owned enterprise at the present stage how to guarantee the standardized operation that administration and supervision authorities purchase have made some more exhaustive discussions .