我国企业实施管理层收购的意义及存在问题分析

On Management Buy-outs(MBO) in China

管理层收购是完善公司治理结构和促进公司管理、激励机制变化的有效工具,有可能成为未来几年内我国产权改造的主流性重组手段。我国现阶段实行管理层收购对产权制度改革具有重要的现实意义,但也存在着诸多问题。因此,MBO既是我国上市公司治理结构改革中的热点,也是一个难以逾越的难点。

MBO is an effective tool to perfect company management, governance and incentive mechanism.Now it has seen widely used to reform the system of property right through MBO. Currently MBO is not only a hot issue, but also a problem in property right system reform in listed companies.