MBO融资方式研究

Study on the financing way of MBO

融资困难是制约我国MBO健康发展的关键问题,而融资方式的缺陷又是造成融资困难的重要原因。本文针对管理层以企业的资产或产权为抵押向金融机构债务融资方式的缺陷,提出了“企业家价值保险合同抵押贷款”债务融资方式,为有效解决MBO融资问题提供了新的思路。

Financing difficulty is one of the key problems, which influence on the normal development of MBO.The actual financing way of MBO is the important reason for this problem.The paper studies the financing way of MBO in State-owned enterprises of China and firstly puts forward the ＂mortgage loan of the value of entrepreneur insurance contract＂ financing way,which provide an new way to solve the financing problem of MBO in Chinese state-owned enterprises.