Improve The Listed Companies In China Anti-takeover Law Regulation

Anti-takeover is defined as the action taken by the objective company in order to guard against or stop the transference of its controlling right to another company, which suggests that the obstruction of the transference of the controlling right is its foremost concern. The further development of the Equity Division Reform in China entails the entire circulation of the stocks of more and more listed companies, and that leads the takeover and anti-takeover to a new and active phase. A mounting body of evidence indicates that the anti-takeover measures taken usually impinge on the rights and benefits of the shareholders and the company. To that problem, the enhancement of the legal regulation is the key.With the improvement of the legal regulation of anti-takeover as the major topic, this thesis conducts a research and analysis into the following issues: the significance of such legal regulation and the principles to follow, the vesting of the decision-making right, the obligations of the shareholders of the objective company, and the legal regulation in the protection of the rights and benefits of the minor shareholders. And these issues are elaborated on in four chapters:Chapter one: The definition of anti-takeover of a listed company and the necessity of the legal regulation. In this chapter takeover, hostile takeover and anti-takeover are defined and the three major factors...