Research On Regulatory System Of Company Investment

The regulatory system on re-investment behavior of a company in Company Law has been experienced from strict limitation to gradual relaxation,which gives the company more autonomy,but ignores the new challenges raised from the protection of shareholders and creditors and the relationship between companies with investment relations,the results of relaxation of the regulatory system of re-investment behavior of a company.The law has failed to give extra concerns about such issues. Although the Company Law has introduced some new systems such as denial of corporate personality and appliance of the appraisal right of dissenters,the vagueness of the provisions weakens their operability greatly.Besides,the law is still a system to regulate single companies, which cannot respond to the issues such as mutual investment and parent-subsidiary companies resulted from re-investment behavior.This paper tries to think about the theoretical background and classified regulation of regulatory system on re-investment behavior of a company in Company Law,and construct the concept and specific design of the regulatory system on re-investment in China.This paper consists of three parts:introduction,text and conclusion. The concrete structure of the test is as follow:The first chapter is a summary of re-investment,defining its concept, legislative development and impacts,in positive way and in negative way. In addition,the first chapter constructs initially the frame of mutual investment and one-way investment for the preparation of classified discussion and system construction in chapters latter.The second chapter discusses the regulation system of mutual investment.Because of the lack of relevant system of mutual investment in China,this chapter focuses on constructing new system on the basis of reference to relevant legislation of other countries.The third chapter discusses the regulation system of one-way investment.Through the improvement of the existing system and the construction of new system,a integrated theory frame and system is tried to be constructed on the issues of the protection of minority shareholders and creditors raised from the one-way investment of a company.Methods of Logical analysis and Comparative analysis are applied.