| The Identification Mode of Corporation Types for Chinese MBO |
| |
| 作者姓名： | Song Peng Zhanglu Tan |
| |
| 作者单位： | [1]School of Management, China University of Mining ＆ Technology （Beijing）, P. R. China, Postcode： 100083 [2]School of Management, Shandong institute of Business and Technology, P. R. China, Postcode： 264003 |
| |
| 摘 要： | In this paper, we aim at the identification mode of corporation types for Chinese Management Buy-Out. Referring to the existing research results, we recognize the two points： （ 1 ） Profit rate is not correlative with different control-type firms; （2） Behaviors of different control-type firms are unlike. Manager-control firm pursues the maximum of firm scale. Corporate-control firm pursues the maximum of capital tumover. Owner-control firm pursues the maximum of sale profit rate. Profit rate of firm can be unrelated with the type of corporate control when there is an effective competition in the market of each kind of firm. With the gradual setting-up of the effective competitive market, the state-owned enterprise might produce the low benefit or face the difficulty existing in the industry of full competition because that the human capital of the managers of state-owned enterprises can not fix the price effectively through the price mechanism of the market. It is concluded that the MBO is an effective measure to reform the property right structure, exciting the furthest latent ability of manager and advancing the enterprise＇s vitality. Finally, a summary on five general identification conditions of MBO is given.
|
| 关 键 词： | 公司行为 管理权 产权 企业管理 中国 |
The Identification Mode of Corporation Types for Chinese MBO |
| |
| Song Peng Zhanglu Tan.The Identification Mode of Corporation Types for Chinese MBO[J].China-USA Business Review,2004,3(6):29-34. |
| |
| Abstract: | |
| |
| Keywords: | corporation behavior Management Buy-Out identify mode |
| 本文献已被 维普 等数据库收录！ |
|
