摘要
以典型企业赛象科技“高送转”为例,旨在探求“高送转”的动因和实施后的效果。研究发现赛象科技在内外条件都不满足的情况下实施“高送转”,目的是利用投资者偏好掩护大股东减持套现,短期来看虽给企业带来了一定正向效应,却不具备中长期可持续能力。基于此,从投资者、企业自身和证监机构三个角度给出了具体建议。
This paper takes the"high transfer"of Saixiang company as an example to explore the motivation and the effect after the implementation of"high transfer".It is found that when both internal and external conditions are not satisfied,Saixiang company implements"high transfer",which aims to cover major shareholders'reduction of holdings to cash out by using investors'preference.In the short term,it brings a certain positive effect to the enterprise,but it is not sustainable in the medium and long term.Based on these,specific recommendations are given from the investors,enterprises themselves and securities regulatory institutions.
作者
关怡婕
GUAN Yi-jie(East China University of Technology,Nanchang 330013,China)
出处
《价值工程》
2020年第3期13-15,共3页
Value Engineering
基金
东华理工大学研究生创新基金资助（DHYC-201933）
关键词
高送转
赛象科技
动因
减持套现
high transfer
Saixiang company
motivation
cash reduction
