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《证券法》规制外资收购我国上市公司的制度选择

The Choice of Institutions on Regulation of Securities Law on Listed Company Acquisition by Foreign Investors

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【作者】 田文英孟娟

【Author】 Tian Wenying, Meng Juan( College of Humanities, Xi’an Jiaotong University, Xi’an, Shanxi 710049 )

【机构】 西安交通大学人文学院西安交通大学人文学院 陕西西安710049陕西西安710049

【摘要】 随着我国改革开放的深入 ,外国投资者被允许收购我国上市公司除A股流通股之外的所有股票 ,由此暴露出现行《证券法》存在的立法缺陷 ,外资收购方与我国上市公司股东之间的利益严重失衡。《证券法》应通过重点完善信息披露制度和强制要约收购制度 ,来强化对外资收购我国上市公司的规制。

【Abstract】 With development of the reform in China, foreign investors are allowed to acquire almost all kinds of stocks in Chinese securities market but transferable Stock A. However, Chinese Securities Law 1998 can’t well meet the requirement of reality, which results in unbalance of interests between foreign purchasers and domestic shareholders. This paper suggests that Securities Law should be reinforced in information exposure and mandatory offer institutions to strengthen ruling acquisition by foreign investors.

  • 【文献出处】 财经理论与实践 ,The Theory and Practice of Finance and Economics , 编辑部邮箱 ,2003年06期
  • 【分类号】D922.28
  • 【被引频次】2
  • 【下载频次】148
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