In a word, it presents a comprehensive and systemic analysis on mbo in china and foreign countries, from the followly fire aspects : the background of mba, the policy environment, the objective firms, the pricing methods, the financing system, find out differences of mba and the causes of them, and combinating special eco - nomic environment and economic traces of our country, the author puts forward counterplan. these counterplans primarily include : from strengthening laws, enhancing the information to publish, culturing to agency and etc to come to perfect the mbo policy environment on our country ; defining objective firms of mbo in realm that the state - owned property is decided to withdraw ; with the clean property worth for the foundation, synthesize to consider managers " contribute and the value of control powers with company, and pass the market mechanism to come for right price of the objective firms ; pass growing the organization investor, creative financing tool and optimizing the assistant financial system, establishing the valid withdrawing way of financing etc to resolve the financing problem
在此基礎上,論文從收購背景、政策環境、目標企業、定價方法、融資體制等五個方面對中外mbo做了全面系統的對比分析,找
出了兩者的差異及原因,並結合我國特有的經濟環境和經濟軌跡,提
出了相應的對策措施。這些對策主要包括:從健全法律法規、加強信息披露、培育中介機構等方面來完善我國mbo的政策環境;在國有資產決定退
出的領域內對mbo的目標企業進行界定;以凈資產值為基礎,綜合考慮管理層貢獻和公司控制權兩個因素,通過市場機制來為目標公司正確定價;通過培育機構投資者、創新融資工具和優化配套金融制度、建立有效的融資的
撤出渠道等來解決融資問題。
The trajectories of their, first sequent, then simultaneous, urinations were dissimilar : bloom s longer, less irruent, in the incomplete form of the bifurcated penultimate alphabetical letter who in his ultimate year at high school 1880 had been capable of attaining the point of greatest altitude against the whole concurrent strength of the institution, 210 scholars : stephen s higher, more sibilant, who in the ultimate hours of the previous day had augmented by diuretic consumption an insistent vesical pressure
他們二人那起初有先有后,繼而同時
撤出去的尿的軌道並不相似。布盧姆的較長,滋得沒那麼沖,形狀有點像那分叉的倒數第二個字母185 ,卻又有所不同。敢情,他念高中最後一年一八八0的時候,曾有本事對抗全校二百十名學生擰成的那股力量,尿撒得比誰都高。
They demanded that the aggressor troops ( should ) be withdrawn immediately
他們要求立即
撤出侵略軍。
Now that the credibility of the atlantic alliance has been staked, we must persist - - with ground troops if necessary - - until serb military forces leave kosovo and the refugees are allowed to return
現今,大西洋聯盟的可信度既已確立,我們就必須將它貫徹到底若有必要,則可派
出地面部隊直至塞族軍隊
撤出科索沃,難民被允許返回家園。
He says that happened, and the province became an insurgent stronghold again, because coalition commanders moved too quickly to withdraw their own forces at the beginning of last year and handed security responsibility to the new, and unprepared, iraqi forces
他說發生這樣的事,這個省又變成了反叛者的聚居地,是由於聯軍指揮官去年太早
撤出他們的軍隊,把安全保障交給新的,沒有準備好的伊拉克軍隊。
Our forces have been withdrawn from the danger area.
我們的部隊已經撤出危險地帶。