本文關(guān)鍵詞：科技型企業(yè)股權(quán)融資中隱形債務(wù)規(guī)制的原則——從一起股權(quán)并購失敗的案例說起　出處：《北京交通大學學報(社會科學版)》2014年03期 　論文類型：期刊論文

  更多相關(guān)文章： 股權(quán)并購 股權(quán)融資 隱形債務(wù) 或有債務(wù) 隱性債務(wù)

【摘要】：科技型企業(yè)股權(quán)并購中被收購企業(yè)的隱形債務(wù)常常侵蝕新股東的經(jīng)濟利益,而目前的法律制度在規(guī)制股權(quán)融資中隱形債務(wù)施虐問題上處于失范的狀態(tài)。由于股權(quán)并購人無法利用制度工具保護自己權(quán)益,導致很多從經(jīng)濟上本該完成的股權(quán)收購事項沒有完成。因此,建構(gòu)公司隱形債務(wù)規(guī)制制度對于促進股權(quán)投資的健康發(fā)展,完善股權(quán)投資基金退出機制和維護金融市場的良好秩序具有至關(guān)重要的意義。
[Abstract]:The hidden debt of the acquired enterprises often erodes the economic benefits of the new shareholders in the M & A of technology-based enterprises. However, the current legal system is in a state of abomination on the issue of invisible debt abuse in the regulation of equity financing. Because equity mergers and acquisitions can not use institutional tools to protect their rights and interests. As a result, many of the stock acquisition items that should have been completed have not been completed. Therefore, the construction of corporate invisible debt regulation system to promote the healthy development of equity investment. It is very important to perfect the exit mechanism of equity investment fund and to maintain the good order of financial market.
【作者單位】： 復(fù)旦大學工商管理博士后流動站;上海國際集團博士后科研工作站;上海大學法學院;
【基金】：上海國際集團博士后研究課題“香港投融資平臺搭建及盈利模式研究”(2012-962-121232)
【分類號】：F271;F832.51
【正文快照】： 一、問題的提出在經(jīng)濟生活中,股權(quán)融資是企業(yè)做大做強的有效路徑。多數(shù)情況下,科技型企業(yè)的創(chuàng)業(yè)者是在掌握了一定的知識產(chǎn)權(quán)后開始投資創(chuàng)業(yè)的。這時候創(chuàng)業(yè)企業(yè)的貨幣資本的積累還不是特別豐厚,經(jīng)常存在企業(yè)科技成果轉(zhuǎn)化即將成功,但后續(xù)資金難以為繼的情況。在此情況下,后續(xù)資，

本文編號：1362094