Discussion On Legal Study Of Corporation Stock Repurchase

Corporation Stock Repurchase has existed in the companies abroad as a way of capital operation for years. Through long time's exploration, it is developed into a mature regulation which plays an important role in the commercial operation process. In China, Corporation Stock Repurchase appears just recently, so the relevant law and regulation are simple, and many shortages emerge during the operation. At the same time, regarding the condition that the state stock takes up great part in China's companies, this system makes great sense for the reduction and possession of state stock, activation of stock market, implementation of staff inspiration, and so forth. Thereby, it is necessary to analyze particularly during the further use of Corporation Stock Repurchase in China, when great attention is paid to this system, to establish a suitable stock repurchase system for China.The conception and property of Corporation Stock Repurchase are discussed in the first part of the thesis. To establish a suitable Corporation Stock Repurchase system is the main content, and the pros and cons of stock repurchase are discussed relatively in the later part. How to regulate the Corporation Stock Repurchase behavior to develop the advantages and abandon the disadvantages is also discussed in this part to obtain the advice for perfecting the stock repurchase system in China.The thesis is divided into five chapters. The basic problems of Corporation Stock Repurchase are specialized in the first chapter. The value of the system is analyzed in the second chapter. The third chapter is mainly for the Corporation Stock Repurchase legislation regulations in foreign countries. The significance and status quo of the system are introduced in the fourth chapter. The last chapter is for establishing a Corporation Stock Repurchase system suitable for the situation of China.In the first chapter, the meaning and characteristics of Corporation Stock Repurchase are introduced, from which the relevant conceptions are differentiated and analyzed. The main ones of existing Corporation Stock Repurchase forms are contained in this chapter, as well as the form of company organization suitable for this system. The second chapter discusses the existing significance of the system with comparing the pros and cons, and with economic analysis method.In the third chapter, the legislation experience of the system in the world nowadays is introduced from the points of legislation attitude and concrete content of the regulation.The significance of establishing the system in China is discussed. And then, the status quo and law enforcement of the system are indicated and the disadvantages of present system are analyzed.How to establish a regulation to establish the system suitable for the situation of China is put forward in the fifth chapter, with regarding to the shortcomings of the system in the companies in China as well as value objective and regulation of legislation.