英语翻译管理层收购(Management Buy-out)最早兴起于20世纪80年代的美国,随后在西方各国得到了空前的发

英语翻译
管理层收购(Management Buy-out)最早兴起于20世纪80年代的美国,随后在西方各国得到了空前的发展.在其发展了20 多年之后,中国的一些敢为人先者,为了转变企业的经营机制,充分调动企业管理层和员工的积极性,为了增强企业活力和市场竞争力,进行了MBO 的探索,其中的成功经历和失败教训值得我们研究总结.MBO 一路走来遇到了诸多障碍,在我国的实践中暴露出许多问题,究其原因,我认为这不是MBO 自身的错,而是我们为MBO 创造的整体环境还不够完善,要想更好的发挥MBO 对我国股权革命的作用,我们必须切实的加强包括法律法规、机构服务、基金组织等各方面制度的规范和建设.本文以MBO在我国的现状和对策为主题进行研究,在剖析MBO案例对比中外MBO差异的基础上,阐述了我国MBO的现存问题,并提出了相关对策和建议,以期为中国MBO更好地实施提供有益的参考,使MBO在中国企业改革中发挥应有的作用.

Acquisitions management (Management Buy-out) first emerged in the 1980s, the United States, followed by countries in the West has undergone an unprecedented development. In its 20 years of development, China's number be pioneers, to change their operational mechanism, and fully mobilize enterprise management and staff motivation, to increase their vitality and market competitiveness, the MBO exploration, the successful experiences and lessons from the failure deserves our study concluded. MBO has come many obstacles encountered in my practice has many problems, The reason, I think this is not MBO own fault, but we create for MBO overall environment is still not perfect, is better play to our equity MBO revolutionary role, we must earnestly strengthen including laws and regulations, institutional services, The IMF and other norms and system building. The MBO in the country to the status and responses to subjects for study, analysis MBO in case of differences between Chinese and foreign MBO basis, expounded China's MBO existing, and made the relevant responses and recommendations with a view to better implementation of China's MBO provide useful reference MBO enterprise reform in China to play its due role.