Research On Regulation Of Cross-shareholding

For there are examples in theory that treating cross-shareholding, especially cross-shareholding of parent-subsidiary corporation, as shares buy-back, this article will mainly discuss the reasonableness of this treatment. Then make a further discussion on the Analogy Suitability of the regulation of shares Buy-back in the case of cross-shareholding, and the feasibility of setting regulations of cross-shareholding according to shares buy-back system in future legislation.Chapter 1 mainly analyses the systems of Cross-shareholding and Shares Buy-back, and discuss some of the basic considerations, as the preparation of the further discussion afterwards. For there are many articles discuss Cross-shareholding, this article choose some useful aspects, that is, conception, conformation and effect, as objects of discussion. Meanwhile, this article hold the viewpoint that shares buy-back is the frame of reference of cross-shareholding, so it summarize the reason of legislation, effect and suitable situation, shares buy-back in different corporation conformations and disposition of the buy-back shares as the preparation of the further discussion afterwards.Chapter 2 analyses the jurisprudence of Cross-shareholding regulation. This chapter hold the viewpoint that the Analogy Suitability of the legislation of shares Buy-back in the case of cross-shareholding and setting regulations of cross-shareholding according to shares buy-back system in future legislation are feasible. This chapter first prove the similarity of Cross-shareholding and Shares Buy-back on the phase of conformation, economical function, legal effect and regulation, and then prove the viewpoint above with law methodology of Analogy Suitability and some of the jurisprudential perspective relative.Chapter 3 propose a change in the law of cross-shareholding regulation. This chapter, referring to the legislation of different countries, from the perspective of shares Buy-back, propose opinions of the legislation of cross-shareholding, on the aspects of legislation mode, transverse and lengthways cross-shareholding, and special regulation of listed company.