A Study On The Problem Of Market-Oriented Pricing Mechanism In China's MBO

Management Buy-out, which was introduced into China in the nineties of the twentieth century as a sort of capital operation instrument, offered a new attempt and manner for the strategic quit of government capital from competitive fields. But MBO in our country has resulted in run-off of government capital at a certain extent on account of the incomplete market environment especially the absence of scientific pricing mechanism.The dissertation, which is based on market-oriented pricing mechanism, lay stress on the problem and solution of market-oriented pricing mechanism in MBO in china enterprises. The paper consists of 5 parts.Chapter 1 introduces the brief concept of Management Buy-out, including its definition, characteristics and related theories, and analyses the meaning of market-oriented pricing mechanism and the mechanism in MBO.Chapter 2 introduces the pricing mechanism in MBO in foreign enterprises. Then it analyzes their experiences and lessons from both sides, which provides us with references on market-oriented pricing mechanism of MBO in china enterprises.Chapter 3 analyzes the problem of pricing unfairly in MBO in china enterprises and the reasons of them, based on the practice of our country, including the unscientific pricing method, deficient pricing mechanism, inadequate information, etc..Chapter 4 is the most important part of the dissertation. It puts forward some advices and solutions to improve the pricing mechanism in MBO of our country, such as using scientific valuing method, trading on market principle, publishing related information, standardizing the business, strengthening supervision, setting up corresponding rules of law, and etc..The last part is the conclusion of the dissertation.The innovation of the dissertation is that it put forward the market-oriented pricing mechanism based on the analysis of the pricing problem at present, hoping to offer some references to promote MBO in china.Because of the limited knowledge and information, the article may have some problems. Thanks for your comments and instruction.