The Legal Regulation Of Listed Corporation's Connected Transaction

Connected transaction of the listed corporation is the transaction between the listed corporation and the related party. If there is no effective supervision of law and system, the related party and the listed corporation often distort the transaction. With the development of security market, the number of the listed corporation is gradually increasing, so the problems of the unjust connected transaction are becoming more serious day by day. Nevertheless, whether the construction of the system or the research of legal science, it is in the state of weakness now in China. How to rule and manage the connected transaction and how to strike a balance in the interest parties of connected transaction are the intention of this article.The developed countries and area have paid attention to connected transaction for many years. They have built more effective systems to control connected transactions. Therefore, after some comprehensive compares and analysis of foreign legislation, this article analyses our country's present legislation situation from corporation law and securities law.There are five chapters in this article. The first chapter is about the meaning of the connected transaction. The second part of article explains the cause of the connected transaction. The third part of article is about the legislation status of developed countries and area. The chapter 4 and chapter 5 are the content of key problems and law regulation of the connected transaction of listed company which are the most important point of this article.In conclusion, the connected transaction of the listed company is an ineluctable economic phenomenon. We should have the right eyes on it and take it into the reasonable law system. At the same time, we should regulate the connected transaction more reasonably, so that it can seek the interests for the people more effectively and make great contribution to the construction of the socialism market economy.