Management Buyout System Of Legal Problems For Study

As a kind of business operation means in western mature market economy, Management Buy-outs (MBO) has been developing in China in recent years and wide getting up for the fed Based on a discussion of the implications and theoretical basis of MBO, this paper makes a analysis of the status quo and problems of China's MBO, highlighting the legal system of MBO subjects, the legal system of MBO financing, pricing mechanism of MBO and the legal issues of the information disclosure. There are five parts in this paper. The following is a briefing on the content of each part:Part One: The introduction to the system of MBO. Through introducing the concept of MBO, its features and its theoretical basis and comparing with related other concepts, this part illustrates the nature of MBO theoretically and forms the theory basis of more analyses in following parts.Part Two: The comparison and analysis of the development of MBO in our country and foreign countries. MBO first emerged in United kingdom in late 1960s or early 1970s, and it has become a kind of mature system of property rights before it was introduced into China. This part analyses the differently developments of MBO in China and foreign countries and compares the background and motivation of its emergence, its legal system, its financing channel and the role of the governments in China and foreign countries. The article believes that the governments of China should rule MBO on the realities of our country.Part Three: Study of the legal issue concerning MBO subjects in the corporations of China. As to MBO subjects, this part analyses the types of China's MBO subjects and points out that all the currently existing MBO subjects have obvious limitations under legal environment and propose the measures to improve itPart Four: Study of the legal issues of China's MBO financing. The issue of financing is the key factor in MBO. This part analyses the types of the financing way and points out the defective parts concerning such types of the financing way and propose the measures to improve it...