Research On The Legal Expection Of The State-owned Share Reduction

In the west countries, State-owned share reduction was a special stage during the state-owned enterprise changed its mechanism, That meant the state-owned share should go into the market or change into public share. In 1999 and 2001, our government carried out state-owned share reduction two times, but at the end failed. At the same time most of economists pondered this question at the point of the economy, anyhow state-owned share reduction is not only a question of economy but also a question of policy, a question of law. In fact people just concentrated their attention on the technical way of state-owned share reduction. Under such situation it is very crucial to set up law on the share reduction. The purpose of this thesis is not to put forward the way to the state-owned reduction, not to discuss on how to fix a price on the share reduction, but analyze the traditional thoughts on the state-owned share reduction at the view of the law, and bring forward the supportive theory for the share reduction and the proposition of drafting the law concerned.In the paper the author expounded his idea by the comparison, by examples, by law and by the sociological way. Every question has its very strict logical order, putting forward the question, analyzing the question and solving the question. The whole thesis is divided into six parts with a preface and an epilogue.Chapter one: the author looked back the history of the state-owned share reduction in our country, analyzed some definitions concerning the state-owned...