Research On Effects And System Of Foreign CapitalSponsored Mergeing And Acquiring State-owed Enterprises

Recent years, following with joining WTO and deepen reforming of Sate-owned enterprises, foreign merger and acquisition on sate-owned enterprises would having been hotspot of national economic at present even continue future period. A series opening policies of foreign capital were published, which indicated that our sate-owned enterprises reforming and structure adjustment will be entered into a newness phase. Foreign merger and acquisition was subject to our present industry policies, but there are rather broad scopes allowed foreign capital involved in, foreign businessman especially for multinational more and more tends to enter into china market by merging domestic enterprises. For state-owned enterprises, there are coexistence of opportunity and challenge bought by foreign merger and acquisition, which in favor of speeding state-owned enterprises' system innovation, technology innovation and market innovation, pushing corporate administer mechanism establishment and realizing state-owned operation mechanism transformation and solving capital shortage of state-owned enterprises. On the other hand, foreign merger and acquisition will be incurred to following negative effects such as forfeit controlling right, lose resource of excellent human capable and so on. How to treat as the advantage and disadvantage of foreign merger and acquisition and predominate appropriate linear measure, which directly concern establishment of opening policies and action choice for state-owned enterprises treating to cross-national merger and acquisition. Therefore, to research positive and negative effects in the course of foreign capital merging and acquiring state-owned enterprises and discuss efficient response strategy will be have extremely important realism and theory meaning.In order to further push theory research and practice activities of effects of foreign capital merging and acquiring sate-owned enterprises under joining WTO, the paper have referred to lots of books and discourses about foreign capital merging and requiring sate-owned enterprises, and conducted discussion based on absorbing former achievements. The main trains of thoughts is that grasp macroscopicbackground of foreign capital merging and requiring state-owned enterprises after joining WTO, comb mechanism of positive and negative effects bought by foreign capital merging and acquiring state-owned enterprises, and by analyzing a case of merger to specific specify some problems bought by foreign capital merging and acquiring sate-owned enterprises. Use demonstration and criterion methods, entirely explore on positive and negative effects bought by foreign capital merging and acquiring state-owned enterprises from microcosmic and macrocosmic aspects. On the basis of deepen analysis system reason incurred by foreign capital merging and acquiring state-owned enterprises and law environment of foreign capital merging and acquiring state-owned enterprises, put forward some system suggestion.