本文以发生在我国的48个外资并购上市公司国有股权事件为样本,通过因子分析和多元线性回归分析,得到对外资并购国有企业股权定价有显著影响的3个因子,即市场评价因子、成长因子和负债因子,进而构建了外资并购国有企业股权定价的多元线性回归模型,并对模型做出了解释。
Based on 48 state - owned listed companies which were merged and acquired by foreign investors, the paper conducted factor analysis and multiple linear regression analysis, and found out three significant factors that effect the transfer price of the state - owned equity in foreigners' M&As, namely, market evaluation factors, the growth of factor and the liability factor. It formulated a multiple linear regression model, and then explained it.