Author

Wei Dai

Date of Award

2003

Document Type

Project

Degree Name

Master of Business Administration

Department

College of Business and Public Administration

Abstract

China's different economic environment, government infrastructure, and legal system might cause different management buyout procedures and results from management buyout procedures in the United States. Management buyout was originally created to increase efficiency and reduce agency cost in the United States in the 1960s; but management buyout in China is merely a tool to provide incentive programs for current management teams and reduce state-owned corporate shares.

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