Research On Legal Regulation Of Company Cross-ownership

Cross-ownership of company appeared in the western developed countries first in the middle of 20 century. Company laws regulate it with different Patterns in accordance with their own countries circumstances. It is a new thing in China because of the short history of our modern company system. In recent years, as the development of the Chinese economic reform, many companies are engaged in it. And the society pays much attention to it.Aiming at the legislative vacancy and stagnancy on relative fields of Company Law of our country currently, this paper makes a profound study on cross-shareholding in order to regulate it and guide our economic activities, at the same time, Perfect the relative law system and make it suitable to the development of the market-oriented economy, and also bring good conditions and enough spaces for our country's law to integrate with the law of developed countries.The thesis makes a thorough study for the legal responsibility of Cross-ownership in our country. At first, it describes the concept and a brief analysis of the phenomenon, and then analyzes the Cross-ownership and its negative impact on the economic function that the need for its regulatory system, how Cross-ownership generate capital returns, obtaining their shares and corporate governance issues such as structural imbalances in the conventional system to be effective discussions. It takes more research methodology through legislation system for foreign comparative study. In light of China's Company law and its theoretical basis for substantive, widespread exploring and improving our Cross-ownership legal system to make its own rules, in order to intend to issue some understanding on the theoretical and practical research of the operation of company.