China's Listed Companies To Buy Back Problem

In my country, with the development of the reformation of economic systems andthe quickening of the marketable integration at home and abroad, especially after joining WTO, the market competition of the corporations faced will be more and more furious. Especially for the listed companies, though their quantity is not large, but they involve most large-middle corporations and excellent corporations, which has great influence on the development of the national economic and the living of the people. But in the course of the operation, the listed companies show many problems, which leads to the decline of the benefit. So the research on the development of the listed companies is very important.Based on the above consideration, this article chooses stock repurchase as research object. Firstly, the article analyses the motive and types of stock repurchase and puts forward the theoretical basis of stock repurchase and the basic models. Then it analyses the relations between stock repurchase and the value of shareholders, stock repurchase and the benefit of the listed companies, stock repurchase and the capital construction of companies, market reaction and business performance of repurchase cases in China; Finally, it analyses stock repurchase and the capital market.