資源描述：
《定向增發(fā)資產注入中的利益輸送問題探討--基于資產評估的視角》由會員上傳分享，免費在線閱讀，更多相關內容在學術論文-天天文庫。
1、AbstractSincetheshare-splitreformoflistedcompanies，theenthusiasmofassets·injectingbymajorshareholdershasgreatlyincreased,andprivateplacementsofequityhasbecomethemainmodeofassets-injecting．Buttherightsasymmetryandinformationasymmetrybetweenthemajorshareholdersandminorityshareholders
2、ofthelistedcompaniesarenaturallyexisted,majorshareholdersarethemaincontrollerandoperatorwhileminorityshareholdersaredisadvantaged．Assets·injectingbypfivateplacementofequitybetweenthelistedcompanyandmajorshareholdersisadoubleconnectiontransactionprocess．Aretheassetswhichmajorshareho
3、ldersinjectintothelistedcompanyreallygoodqualityassets?Willmajorshareholderscontrolassetappraisalprocess，increasethevalueoftheinjectedassetsinthedoubleconnectiontransactiontoviolatetheinterestsoflistedcompaniesandtheminorityshareholders?Domajorshareholderstunnelorpropthelistedcompa
4、nies?Different、ⅣiⅡIthepreviousstudies，thispaperexploresthetunnelinginassets-injectingbyprivateplacementofequitybasedontheperspectiveofassetevaluation,and仃ytoanswerthosequestionsabove．Thispaperhassomesignificanceofinnovation．Basedontheagencytheoryofmajorshareholdersandminorityshareh
5、olders，theinformationasymmetrytheoryandthetunnelingandproppingtheoryofmajorshareholders，thispaperanalysestherelationshipbetweenassets—mjectingbyprivateplacementsofequityandtunneling，therelationshipbetweentheincreaserateofassetevaluationandthetunneling,andtherelationshipbetweenthein
6、creaserateofassetevaluationandtheshareholders’wealth．他paperdrawsaconclusionthattunnelingexistsinassets·injectingbyprivateplacementsofequity，andmajorshareholdersdopropthelistedcompanies．additionally-issueddirectionalasset蜘ectionandinterestsandtherelationshipbetweenthetransmissionrat
7、eandassetappraisalofstockholderwealth，conveying，interest'concludesthatthelistedcompaniesissuingdirectionalassetinjectionprocessofconveying，andistheinterestsofshareholderstotheinterestsofthelistedcompany。theshareholdersthattransportsupportlistedcompany．111edirectionalshareslistedcom
8、paniesinChina,themainpurpo
