【作者】 袭琳娜；

【导师】 周华臣；

【作者基本信息】 东北林业大学 ， 会计学， 2005， 硕士

【摘要】 近年来,我国已有多家企业的国有产权直接或间接实现了管理层收购。管理层收购成为国有企业改革改制的实现形式,这种形式充分调动了企业管理层的工作积极性,使企业的经营重新焕发了生机与活力,大大加强了企业的核心竞争力。但是,我国的社会主义建设仍处于初级阶段,经济环境尚不发达、经济体制尚不完善,有关管理层收购的实施还缺乏法规和制度依据,使得企业的国有产权在实施管理层收购的过程中,在定价、融资等方面出现了诸多争议,在事实上也造成部分企业的国有资产流失,给国家造成一定的损失。 本文阐述了管理层收购的概念和理论基础,研究了国内外管理层收购的现状,通过对我国目前政策、制度的分析和已实施管理层收购的案例进行分析,发现国有股权转让价格和融资渠道成为管理层收购的焦点和瓶颈问题,从而对这两大焦点问题进行了探讨,提出了解决定价和融资问题的对策,并对我国管理层收购的发展方向进行了探讨,以期对实践具有指导意义。更多还原

【Abstract】 In recent years, the state-run property rights of many enterprises have already realized direct or indirect Management buy-out in our country. Management buy-out becomes the form of SOE reforms which plays a positive role in arousing the enthusiasm of administration and supervision authorities of enterprises, revitalizing the operation of enterprises and greatly strengthening the kernel competitiveness of enterprises. However, the socialism construction of our country is still at the primary stage with undeveloped economic environment and unsound economic system ,the implementation of relevant Management buy-out lacks the basis of the regulation, leading a great deal of disputes over such respects as fixing price , financing and the like during the process of implementing Management buy-out of the state-run property rights of many enterprises, causing the losses to the state-run assets of some enterprises as well as to our country.This text has explained the concept and the oretical foundation of Management buy-out, has studied the current situation of domestic and international Management buy-out. The transfer price of the state-run stock right and financing channel are found to become focuses and bottleneck questions as analyzing the current policies of our country and studying cases of Management buy-out which has been complemented , thus carrying on the discussion to these two major focus questions , putting forward the key to the questions of fixing price and financing, discussing the developing direction of the Management buy-out in our country which aims to play a directive role in practice.更多还原