A Comparative Study Of The Related Party Asset Restructuring, Asset Restructuring And Non-related Parties

Assets reorganization is going on on Chinese stock market. Why listedcompanies hanker after assets reorganization, what is the performance ofassets reorganization, what problems exist in reorganization, and how tonormalize asset reorganization, are closely related to the function ofoptimizing resource distribution on stock market directly. Many essays takeresearch on the relevant problems of assets reorganization, and have drawn alot of beneficial conclusions. However, the studies on performance of assetsreorganization are mostly around the comparison between reorganizedcompanies and unreorganized companies, or the comparison of differentreorganization ways. There is few study on the comparison between affiliateassets reorganization and non-affiliate assets reorganization. However,because affiliate assets reorganization is reorganization behavior betweenlisted companies and their affiliate, which has a great deal of non-marketbehavior compared with non-affiliate assets reorganization. Therefore,through the comparison analysis between affiliate assets reorganization andnon-affiliate assets reorganization, we can not only find out the existingproblems of affiliate assets reorganization, but also help to summarize theexperience and lessons of assets reorganization more deeply.This essay classifies assets reorganization from the angle of affiliate andnon-affiliate, and carries on comparison analysis on the problems of affiliateassets reorganization and non-affiliate assets reorganization with the purposeof having a new understanding of the motive and ways of assetsreorganization, making new appraisal on the performance of assetsreorganization, and discovering problems in order to offer suggestions forbetter normalizing the behavior of assets reorganization for the managementorganization of security market, and truly make assets reorganization becomethe important channel for optimizing distributions of resources.