MBO Performance Study Of Listed Companies In China Based On Factor Analysis
In order to evaluate the MBO short-term performance and long-term performance, by virtue of 36 listed company samples which were buy-outed by management among 1997-2004, an empirical study was conducted based on factor analysis and matching T test. Empirical results showed that there was obvious improvement on the enterprise performance from overall view. The common factors such as risk control factor, profitability factor, growth ability factor and management ability factor all presented the situation of spiral rise, so MBO can be considered to improve enterprises financial performance in an effective way.
listed company management buy-out performance factor analysis
Xiao-yan Wang Jian-hua Zhang
Department of Foundation Xuzhou Airforce College Xuzhou,China
国际会议
成都
英文
279-282
2010-10-23(万方平台首次上网日期,不代表论文的发表时间)