我国国有企业管理层收购定价策略研究

摘要：本文集中探讨了国有企业管理层收购的定价策略，对中外管理层收购中应用的评估方法进行对比分析，指出国外评估方法的优越性，然后分析了国有企业管理层收购中涉及的不同于一般公司管理层收购的特殊因素，在此基础上提出国有股权转让过程中的竞价机制。故此本文所致力的问题并不仅在于讨论管理层收购定价策略的合理性的问题，而更重要的在于探讨国有企业改革机制的问题。
关键词：国有企业；管理层收购；定价策略
Abstract：The essay concentrates on the pricing process in state-owned enterprise's MBO. After the research on international evaluation approaches, considering the special factors with respect to state-owned enterprise, the mechanism design method is proposed on the equity transferring process. So the most important problem in the essay is not only the rationality of MBO price strategy,but also the inovation mechanism of state-owned enterprise.
Key words: State-owned Enterprise;Management Buy-outs; Price Strategy