On Several Legal Issues Of Cross Shareholding Of Companies

Cross shareholding is not only one capital operation method,is also one common method which the corporate growth expands.In past several decades, because cross shareholding does positive aspects in urging the enterprise to carry on the long-term investment,reducing transaction cost between enterprises,therefore it has obtained the enormous development.But along with day-by-day cross shareholding's being in vogue,its malpractice also day by day appears.Corporation cross shareholding although appears late in our country,its development is very rapid.What however does not match with this,our country new law of corporation actually lacks the essential legal rules and regulations.This article focuses on our country legislative lag present situation,analyzes the legal matter of cross shareholding,and in profits from the foreign legislation in the foundation,hopes can put forward some beneficial proposals to our country's legal rules and regulations.This article main body includes four chapters.The first chapter discusses the definition of cross shareholding.Then introduces cross shareholding type.Finally analyzes the reason which cross shareholding produces.The second chapter analyzes cross shareholding's positive and negative function.The third chapter introduces separately various countries rules and regulations of cross shareholding,Summarizes the respective characteristic.The fourth chapter introduces the development and legislation status pro in our country,suggests that our country future law of corporation revision should profit from the legislative pattern which the general rules and regulations and the special rules and regulations unify,and puts forward the corresponding legislative proposal.