Protection Of Minority Interests In The Mergers And Acquisitions In China Study

M&A is an abbreviation of mergers and acquisitions. It's generally believed that it has experienced five waves of M&A worldwide since the rising of acquiring in the chief economic Western countries in the late 1990's. During the process of M&A, each party intends to maximize their own interests while conflicts occur among them. And the law, which mediates the conflicts, to some extent, is the superior form of the conflicts. Therefore, to analyze from a view of the interests'allocation can hit the point of the problems, and this topic—the protection of the minority shareholders in M&A is just on the basis of this point of view.Without considering the problem solely from the science of law or the economics, my study is based on a brand-new way, which transfers the two fields—both economy and law. After explaining the definitions and profound principles, the thesis will concentrates on pointing out the shortcomings in our running legal system as well as giving some helpful suggestions, hoping to make sense to our research concerning the protection of minority shareholders.The structure of this thesis mainly splits into four parts:firstly, an introduction of the definition and the principles is the foundation of a tall"building". In this part, the writer concentrated on collating and stipulating the related definitions, in purpose to avoid ambiguity in my writing. Then the writer introduces the main principle used in this thesis—a principle of the law-economics analysis, which support the whole thesis. The definition and principles are two cornerstone of my writing.Secondly, the demonstration, which is the core of the whole thesis. In the part, the writer analyzes the mechanism of the conflicts between the majority and minority shareholders, making a conclusion that the majority shareholders will probably violate the minority shareholders, and what is more important, the possibility will tend to become a certain, when there is no efficient legal rules and regulations. Then, making a use of the economical principles (like cost theories, the Games), the writer expounds and proves the necessity of the law, the related legal system and relief operations. The way which the writer uses, makes us see through the appearance to the essence.Thirdly, the solutions, which is the joint exhibition of our research. In this part, the writer analyzes the shortcomings of our legal system, and tries to give some useful suggestions.In the end, the extensive demonstration. Our thesis needs a relatively complete and rigorous...