Foreign Mergers and Acquisitions and State-Owned Enterprise Asset Restructuring

Author: Liao Yunfeng
Publisher:
Publish Date: 2004-08-01
Features: The main differences between this book and other published works in the same category are reflected in the following aspects: First, the research on foreign investment in acquiring state-owned enterprises is more comprehensive and systematic. This book not only provides a comprehensive, detailed, and specific description of the current status of foreign investment in acquiring state-owned enterprises, but also offers an in-depth theoretical analysis of issues such as the effects of foreign investment, the ideological barriers to foreign investment in acquiring state-owned enterprises, the institutional problems of state-owned enterprises, policy and regulatory issues, the development of capital markets, asset valuation, and enterprise pricing. Second, the description of the practice of foreign investment in acquiring state-owned enterprises has distinctive features. When describing the practice of foreign investment in acquiring state-owned enterprises, it emphasizes the analysis of both domestic and international contexts, viewing the acquisition of state-owned enterprises by foreign investment as an inevitable requirement of economic globalization and the deepening of state-owned enterprise reforms. In analyzing the industry distribution and sources of funds for foreign investment in acquiring state-owned enterprises, it concludes that industries such as IT, electronic equipment, machinery manufacturing, commerce, and financial services have become hot sectors for foreign investment, and regions like Hong Kong and Taiwan are important sources of acquisition funds. It also provides an outlook on the future prospects of foreign investment in acquiring state-owned enterprises in China, believing that foreign investment in acquiring state-owned enterprises in China will experience significant growth in the future. Third, it has strong practical value. The angle from which we study the issues is policy and problems, and we propose corresponding countermeasures. The day this book was completed was also the time when policies and regulations on foreign investment in acquiring state-owned enterprises were gradually established and the practice of foreign investment in acquiring state-owned enterprises was flourishing.