Date of Award
Master of Business Administration
College of Business and Public Administration
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.
Dai, Wei, "Management buyout in China" (2003). Theses Digitization Project. 2364.