The Influence Of "PE+ Listed Company" M&A Model On Capital Market And The Countermeasures

According to the Research Institute of investment statistics from January 2014 to February 2015,the listed company and the PE agency announced the establishment of industrial cooperation funds totaling 182.PE+ listed companies' acquisition mode has become a trend.But at present,the systematic research on the mode of "PE+ listed company" is obviously not enough.Especially from the perspective of maintaining the stability of the capital market and protecting the interests of small investors,the research on the mode of "PE+ listed companies" is still lacking.Therefore,it is necessary to study the mode of "PE+ listed company".This thesis takes "PE+ listed company" as the research object,focuses on the negative impact of the model on the capital market and the corresponding countermeasures and suggestions.Firstly,through the literature review,this thesis analyzes the concept,characteristics and advantages of the "PE+ listed company"merger mode.Secondly,through case study,the operation principle and classification of the "PE+" M&a mode are studied.Finally,through interviews with the professional personnel of investment institutions,the negative impact of the "PE+listed company" M&a mode on the capital market is extracted.Through the study of this thesis,"PE+ listed companies" acquisition mode is innovative,not only to facilitate the market for mergers and acquisitions,the integration of the use of market resources,but also conducive to the transformation and upgrading of related industries.But because the PE institutions and listed companies are in the mode of stakeholders,the major shareholders of listed companies or senior executives and PE agencies are likely to their own interests and making a false news speculation market push up stock prices,which not only damages the listed company's long-term interests,but also affect the healthy development of the capital market.For the negative impact of mergers and acquisitions mode PE+listed companies on the capital market,this thesis argues that in the scope in accordance with the relevant laws and regulations of our country,insist on market players to play independent status and market oriented under the premise,must construct the supervision system of system effectively,improve the PE+ listed companies' acquisition mode of information the disclosure system,improve corporate governance structure,and strictly prevent the illegal phenomenon may occur,to fully protect the legitimate rights and interests of small investors,to crack down on this mode may result in illegal behavior.The research of this paper has some reference value for the supervision and management of the PE and the listed companies.