Research On Risk Control And Effect Of Backdoor Listing Of Giant Network

With the increasingly obvious trend of financing securitization in the capital market and the rapid development of China's economy,people's life is getting richer and richer.With the further popularization of the Internet and smart mobile terminals,the game market in China keeps expanding.Network game industry is an emerging industry,is gradually entering a new period of development.Many game companies hope to enter the stock market through the listing to obtain financing,in the fierce competition to gain an advantage.Listing includes IPO listing and backdoor listing.However,IPO listing has a high threshold,long time and many restrictions,so backdoor listing has gradually become the choice of many enterprises.However,there are a lot of risks in the process of backdoor listing,any one of the links of a slight oversight may be lost.At present,the process,motivation and performance of backdoor listing are discussed in most domestic literatures,and rarely involve the risks of backdoor listing.In addition,China's national conditions and economic system is relatively special,the western backdoor listing theory can not fully conform to the actual situation of China.In the successful backdoor listed enterprises,the network game enterprise research is very little.Therefore,it is of practical significance to analyze and study the risks and risk control measures of backdoor listing of online game enterprises.This paper mainly uses the case analysis method,combined with the development of the game industry,from a typical case to study the giant network backdoor listing of the risk control and effect.First of all,from the research background and significance,the relevant theoretical knowledge and the basic research ideas and methods are introduced.Secondly,it expounds the concept of backdoor listing,risk control and other relevant theories,introduces the relevant meanings of backdoor listing,the concept and characteristics of risk control,and the effect evaluation of risk control measures,and analyzes the advantages and disadvantages of different ways of listing.Then in the case introduction section,the basic situation,motivation and process of both sides of the case backdoor are introduced.Next,based on the possible risks in the backdoor listing process,the analysis of the risk control measures taken and the effects brought by these measures,the backdoor listing process of giant network is divided into three stages: preparation,implementation and integration,and the risk identification and control measures are analyzed in detail.In the part of risk control effect analysis,this paper expounds the effect of giant network risk control from the financial and non-financial perspectives.Finally,based on the case,conclusions are drawn and inspirations are summarized,including the recognition of the importance of risk control,the selection of suitable and high-quality shell companies,and the formulation and adjustment of enterprise development strategies.The research shows that the giant network's risk control effect is remarkable,the operation is sustainable and stable,the risk control measures taken have played their due role,and the backdoor listing is successful.