On Legal Problems Of Listed Company Related Trade

With present deep-going enterprises innovation and aggravating market competition after China's entering WTO, big corporation establish their branch companies to improve their ability of competition. Many listed companies are rebuilt of nation-own enterprises, so connected transaction are carried out between them. Therefore, problem of connected transaction has become a popular topic.Connected transactions mainly happen between affiliated companies, sometimes the transaction between company and special person is also called connected transaction. Two factors should be considered when affirming the predicament of connected person: one is whether the relation of controlling is existing; the other is the relation of serious influence is existing.The reasons of connected transaction are economic factors and system factors. The listed companies in our country have peculiarity to carry out connected transaction. Connected transaction is normal commercial transaction and should be protected by law. In reality, there are so many unfair and iniquity connected transaction that great defect are conduced.There are profound system reasons of the existing unfair and iniquity connected transaction. The legislation of connected transaction should pay attention to carry through honesty principle, disclosing over and above existing principle and protecting small shareholder principle. In this thesis, the main countenneasures of connected transaction are regulation of taxation law, regulation of security law and regulation of company law. The last two parts are emphasis to expound.