| The management buyouts system of the listed companies rebellious separation of ownership and management of traditional enterprises, the financial system is an innovative and successful practical experience in Western developed countries. System of management buyouts of listed companies in the country, although the rise time is not long, but already aroused extensive concern in the community and become a key tool in our corporate restructuring process. However, our theoretical study of management buyouts system has yet to be in-depth, coupled with China’s specific national conditions and the economic environment, the relevant laws and regulations is not perfect, resulting in China’s listed companies during the process of management buyouts facing many difficulties. MBO is a more complex issue, related to the corporate governance structure, the main acquisition, acquisition financing, information disclosure and management of conflicts of interest, the transfer of asset pricing, and many other problems, many of these problems need to use economics and enterprise management theory foundation for study and discussion.This article from the economics, law and angle to carry out an in-depth analysis of the system of management buyouts of listed companies in China, and to put forward relevant proposals I hope to play a modest role in the development of the system of management buyouts of listed companies in China. |