The Study Of Legal Problems On The Growth Enterprise Market

The medium and small investors are the basic participants in growth enterprise market, Whether their rights and interests are safeguarded well enough decides the degree of growth enterprise market development. As both the history and the actualities indicate, the rights and interests of investors, especially of those medium and small investors, were often interfered with by the illegal activities of growth enterprise market for their disadvantageous position, their limited strength and the union organized so loosely that their protection cannot be ensured. In our emerging growth enterprise market with the medium and small investors as the main participants, their rights and interests have been attached importance to by national legislation, but the protection of their rights and interests has just been at the initial stage both theoretically and practically for the national growth enterprise market developing merely for a short time and the weak protection mechanisms. In that case, what are the main problems on the protection of their rights and interests in our securities market? How the protection of their rights and interests can be perfected so as to guarantee the healthy, standard, and rapid development of the national growth enterprise market?This thesis begins with the concept of growth enterprise market. The second chapter illustrates the necessity of the guarantee of their rights and interests. In the third chapter the author summarizes and compares the legal systems on the protection of medium and small investors'rights and interests in foreign growth enterprise markets, particularly analyses the legislation situations on this matter in America, Britain and Hong Kong And the fourth chapter, analyzing some legal provisions on this kind of protection in the newly amended Company Law and Securities Law in China, introducing the developing actualities of growth enterprise market, explores the deficiency in protection in terms of the analysis of the current interference of their rights and interests. Finally the author puts forward some suggestions on the perfection of the law on protection of the medium and small investors' rights and interests by drawing on the successful experience of some protection mechanisms for those investors in the foreign and domestic mature growth enterprise markets.