论文部分内容阅读
一、序言20世纪90年代之后,在日本各行业出现很多公司,它们虽然拥有著名品牌和技术力并保持发展潜力,但由于不能应对经济环境的变化而最终陷入经营业绩不佳的境地。这些公司,一边在长期不能恢复的经济社会中煎熬,一边摸索经营重建之路。虽说还未到利用民事再生程序(日本的破产重建程序)的严重状况,但自力恢复业绩困难的公司就常常用MBO(management buyout)来进行企业重建。提到MBO,在美国1994年对联合航空公司(UAL)进行的MBO非常有名,2000年以后
I. Preamble Since the 1990s, many companies have emerged in various industries in Japan. Although they have well-known brands and technologies and maintain their development potential, they eventually fall into poor management performance due to the inability to cope with changes in the economic environment. These companies, while in the long-term can not be restored to economic and social suffering, while exploring the road to reconstruction. Although the seriousness of the civil regeneration process (the bankruptcy reconstruction process in Japan) has not yet been utilized, companies that have struggled to recover their performance by themselves often use MBO (management buyout) for business reconstruction. Mentioned MBO, the United States in 1994 to United Airlines (UAL) MBO is very famous, after 2000