Study On The Causes And Effects Of Jumei.com Privatization Delisting

Under the trend of economic globalization,the phenomenon of overseas listing of Chinese enterprises is becoming more and more serious.Since the mid 1990 s,there have been hundreds of Chinese companies listed on the U.S.stock market.However,from the beginning of the second half of 2010,many U.S.stocks have started privatization delisting.This urgent withdrawal of American capital market phenomenon widely criticized,especially Jumei.com privatization caused a lot of shareholder discontent and collective action for the first time,its influence can not be ignored.Therefore,in the theoretical research on the privatization concept stocks delisting is not perfect in our country under the background of the typical case of Jumei.com breakthrough,a deep analysis of the reasons for this phenomenon and its influence to bring.Combine the delisting theory with the actual delisting case according to the existing literature,analyse the causes of Jumei.com privatization delisting reasons and privatization suffered suspension and study the impact of the privatization.Finally I hope I can put forward the corresponding suggestions from the perspective of Jumei.com enterprise,other listed companies,investors and government supervision departments respectively.Through analysis and diagnosis of causes of Jumei.com privatization which is typical,it's clearly that the company listed in United States choosing the privatization of delisting is largely due to the capital market and the market lower Chinese system of government support and economic interests of the company and management needs.But not every privatization is successful,which is not only affected by the macroeconomic environment,there are also problems such as improper privatization strategy of the enterprise,which has brought great influence to all walks of life.According to it,the main recommendations of this paper are as follows: Firstly,Jumei.com should strengthen communication,reshape the enterprise confidence and from all walks of life and consider the future development strategy;Secondly,listed companies need to make trade-offs according to their stage of developmentorientation,prudent decision-making market,rational treatment of the privatization of delisting;Thirdly,investors should improve the investment crisis awareness,and select the investment enterprises carefully;Fourthly,the regulatory authorities should do a good job of regulation and supervision of the problems in the privatization of delisting,and maximize the protection of the rights and interests of small shareholders.