The Effect Of Buyout Funds In The Reform And Development Of State-Owned Enterprises Research

Buyout funds profit model exactly with the reform and development of state-owned enterprises’ demand for institutional investors coincide. Not only to the financial market buyout funds injected vitality, but also for the reform and development of state-owned enterprises to provide new ideas and inspiration. SOE reform to large enterprises to enter a new stage of reform as the key, the past, and the traditional means for small and medium state-owned enterprises to sell based guidelines, and administrative instructions, etc. have been unable to adapt to the new situation and new tasks, and need to be market-oriented transformation. In the absence of new ideas, new tools, and state-owned enterprise restructuring and equity diversified cloth Week slow reform process in urgent need of new breakthroughs. As a freshman in the financial capital of the buyout funds to promote the reform and development of state-owned enterprises will play an increasingly important role. Therefore, this article from the financial big vision to promote economic development in mind, in order to accelerate the reform and development aid fund acquisitions of state-owned enterprises as the center, focusing on the following four questions: First, from both theoretical and practical aspects of mergers and acquisitions analysis functions and operation mechanism of the unique advantages of the Fund; secondly, elaborate theoretical position of state enterprises and the general trends, constraints Chinese state-owned enterprise reform and development focuses on the analysis; Third, the use of theoretical analysis and empirical analysis method, discussed in detail the layout and structure of the state economy for buyout funds, corporate mergers and acquisitions and industry consolidation, the optimal effect of modern enterprise system, technological innovation, corporate finance and other aspects of the structure. Finally, in the concluding remarks based on the proposed policy and institutional arrangements to achieve utility maximization of buyout funds.