Listed Acquisition Of The Legal System

Take Over is that a company can gain the controlling power of the other company though buying capital stock of the company. It is a common social phenomenon. This article, adopting the approach of comparative law and science of economics, review and analyzes all main legal issue concerning take over, and then put forward some proposals and suggestions based on the actual circumstance of PRC. The article consists of three parts besides a preface.Part one: Including the basic theory of the take over. Take over is a better way of restriction mechanisms of Management Control over Corporations though analyzing inside and outside mechanism.Part two: It is common that controlling shareholders have controlling power to damage the profit of the investors. Therefore, controlling shareholders shall bear more duties than minority shareholders.Part three: Firstly, it examines the disclosure standards are based on the principles that all shareholders be treated equally. Adequate relevant information is made available on a timely base to shareholders. Secondly, it mainly introduces the power of director in Anti-takeover Tactics,...