国外管理层收购对国企改制的启示与借鉴

Enlightenments and References of Foreign MBO for State-owned Enterprise Reform

管理者收购或经理层融资收购(MBO)是国外应用的一种企业重组方式。通过研究国外MBO产生发展的背景、制度和外部环境,以及对MBO的效应评价,对国内管理层融资收购企业情况进行了分析,论述了国内实行MBO面临的几方面问题。

MBO is a mode of enterprise-restructuring applied in overseas. Bystudying the implementation and evolution of foreign MBO in aspect ofbackground, system and the exterior environment, as well as the evaluation tothe effect of MBO, the paper analyzes the case of domestic MBO by financingand discusses some issues arisen from it.