The Study On The Investor Protection: From The Perspective Of Law And Finance Theory

"Law and finance theory"was built up in the late of 1990s. It focuses on the relation between law institutions and financial market, the core of the theory is the research on the investor protection. The"law and finance theory"tried to find out how the law institutions result in the investor protection, then influencing on the ownership of the company, corporation governance and the corporation value, and ever the development of financial market and national economy. The SEC of China has made the investor protection to be one of the most important things in its daily fairs. The government and some experts in related fields came to realize the importance of the investor protection and tried their best to make some rules and revise the law. These efforts included the revise of"The Company Law"and"The security law"and the"share reform"in listed company. In this case, the research on"law and finance"of Chinese stock market seem to be more important, which reflex on confirming the investor protective function and its mechanism from law institutions on one hand, and on promoting more valid law system combining the special property of the Chinese stock market on the other hand.The paper tries to attain target with the comparable analysis and the empirical research under the circumstance of"share reform". Through compared with the reasons of minority shareholder oppression and referring the experience of foreign developed countries, it presents some advices and measures to solve these problems.