Research On Anti-takeover Legal Regulation For Target Corporation

Takeover and anti-takeover are always emerging one after another. Corporation anti-takeover is an important system built to overcome the corporation takeover. As an important way to the reorganization of assets, Anti-takeover has a particularly important role, as it provides for the company's shareholders the opportunity to bargain and protect the interests of small shareholders. However, if there is no corresponding laws and regulations to regulate their system, there will be a lot of negative effects, as the increasing cost of takeover will reduce to the waste of social resources, and it may also weaken the supervising function of corporation takeover system ,and so on.With the development of economic globalization, foreign capital flow in China's capital market continuously. With the reform of share-trading has deepened and strengthened, more and more hostile takeover and anti-takeover will appear in battle. It is urgent for us to intensify the development of anti-takeover laws and regulations, and provide a legal environment for the take-over market. Based on the study at home and abroad anti-takeover laws, regulations, also on the basis of the national context, the article puts forward specific proposals with a view to providing basic research to the speedy introduction of China's anti-takeover legislation.