Management Buyouts And Its Practice In China

Initiates in the current our country state economy strategic-reorganization and the contraction in the state-owned enterprise property right reform advancement, The MBO takes a very important part in the state-owned reform, the country draws back as one feasible way.This article will embark from the basic theories of MBO, will make a preliminary discussion to the MBO. The first part of this article mainly introduces elementary knowledge of MBO, including general definition, basic theories and so on. The second, three parts of this article mainly introduce two most important questions of MBO: The fixing price question and the financing question. This article will proposes perfect strategies of fixing price question and financing questions on the basic of our country actual national conditions and overseas advanced experiences. The fourth part of this article mainly elaborates other questions of the MBO in our country .For example, the information disclosing, enterprise conformity question after MBO. And proposes a preliminary idea of establishing the surveillance system of MBO in our country in view of the above questions. The fifth part of this article mainly carries on actual case analysis of MBO.The author anticipates that we can make a little contribution for the healthy development of MBO in our country. Certainly, The implementation of MBO is not the only way in current state-owned enterprise property right reform in our country. We even anticipate that our country's state-owned enterprise property right reform can smoothly carry under everyway joint effort.