摘要
对上市公司效益不佳或亏损的原因可从多方面进行解释。本文提出的假说为 :买壳上市公司通过关联交易 ,利用壳资源获得大量收益 ,同时也置上市公司于微利或亏损境地 ;而对壳资源的激烈争夺所导致的“接管威胁”,一方面使得买壳公司缺乏动力改善上市公司质量 ,另一方面它又有动力使上市公司保持亏损状态以获得卖壳收益 。
Factors that account for poor results and losses for listed companies are many.Here are the assumptions presented in this article:Company listed by buying a losing listed company reaps bumper benefits through interrelated transactions and by taking advantage of the resources of the latter and putting it in a position of marginal profit or loss;Faced with the taking\|over threat created by heated struggle for the resources of the listed company bought,the buyer company lacks motive to improve the quality of the listed company but strives to keep the latter in deficit so as to gain the benefit of its sell.Hence,the loss of the listed company is partly man made.
出处
《中国社会科学院研究生院学报》
CSSCI
2001年第1期54-58,共5页
Journal of Graduate School of Chinese Academy of Social Sciences
