企業(yè)借殼上市策略分析
發(fā)布時間:2017-12-28 12:22
本文關(guān)鍵詞:企業(yè)借殼上市策略分析 出處:《商》2015年49期 論文類型:期刊論文
【摘要】:借殼上市,是近期股市中被重點關(guān)注的一個話題,我們以世紀(jì)游輪為例,上年末世紀(jì)游輪被巨人網(wǎng)絡(luò)公司借殼,股價從20多元連續(xù)20個漲停,資本將近翻了10倍,借殼上市已經(jīng)成為股價翻倍的代名詞,那么,什么是借殼上市呢?所謂借殼上市,是指有些私營公司不直接進(jìn)入資本市場,而是靠并入或接管所謂的"殼公司"進(jìn)入資本市場的方法。這些"殼公司"是指一些規(guī)模稍小的、可以公開交易的公司。這些借殼上市的私營公司通過收購股票獲得股權(quán),從而獲得對殼公司或上市公司的絕對控制權(quán)。在獲得控股權(quán)之后,這些私營公司變可以以殼公司的身份成為公眾公司,將殼公司的名稱改成自己的,并且立馬進(jìn)行資產(chǎn)重組,重新任命董事會和管理層,借殼上市對于提高證券市場的運行效率和節(jié)約社會成本有著非常重要的意義。本文從"借殼上市"的概念出發(fā),在分析我國企業(yè)如何進(jìn)行借殼上市以及在借殼上市的過程中出現(xiàn)的問題的基礎(chǔ)上,尋求如何成功借殼上市的對策,給目前擬上市和正在上市的公司提供一些參考。
[Abstract]:Backdoor listing is a topic in the recent stock market is the focus of attention, our century cruise as an example, at the end of the century cruise by the giant network company backdoor, price from 20 yuan to 20 consecutive trading, capital nearly doubled 10 times, the backdoor listing has become synonymous, so what is the price doubled, backdoor listed? The so-called backdoor listing, refers to some Private Companies do not directly enter the capital market, but by incorporating or take over method called "shell company" to enter the capital market. These "shell companies" refer to companies that are slightly smaller and can be traded publicly. The Private Companies, which are listed on the back of the shell, gain absolute control over the shell company or the listed company by buying shares. After obtaining a controlling stake, the Private Companies can shell the identity of the company to become a public company, the name of the shell company into their own, and immediately carry out the reorganization of assets, the re appointment of the board of directors and management, to improve the operation efficiency of the backdoor listing of securities market and has a very important significance to reduce the social cost. Starting from the concept of "backdoor listing", based on the analysis of the problems of Chinese enterprises in the process of backdoor listing and the process of backdoor listing, this paper seeks to find out how to successfully backdoor listing, so as to provide some references for the listed companies that are currently listed and listed.
【作者單位】: 河南應(yīng)用技術(shù)職業(yè)學(xué)院;
【分類號】:F832.51
【正文快照】: 一、企業(yè)借殼上市的原因有些人估計要有疑問,為何公司要借殼上市,而不是公司自己發(fā)行股票呢?我認(rèn)為主要有下面兩點原因:第一,在我國一直以來實行的是上市審批制的上市制度,并且嚴(yán)格控制上報的數(shù)量。由于公司的上市指標(biāo)是由政府進(jìn)行推薦,相關(guān)管理部門進(jìn)行審批,因而造成市場結(jié)構(gòu)
【相似文獻(xiàn)】
相關(guān)期刊論文 前2條
1 何侃;陳煥沐;;對“借殼上市”熱潮利弊小議[J];華商;2007年15期
2 ;[J];;年期
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