Mergers And Acquisitions Legal System

Many countries and regions made a lot of efforts devoting to Law of Merger and Acquisition since the enacting of American Sherman Act for these economic activities in 1980. The development of Merger and Acquisition legal system experienced the process bestrewed with thorns and achievements. This thesis completes systematic analysis on legal system of mergers and acquisitions between enterprises with four parts.The first part presents the basic theory of mergers and acquisitions between enterprises. Firstly, it redefines intendment of legal term, merger and acquisition between enterprises after analyzing other terms comparatively. The second discusses the governmental postmortem on enterprise operation. Here, it puts forward the conception of governmental intervention theory and expounds the necessity of that.The second part explores the legislative mechanism of this legal system in the approach of systematic analysis from the prospective of Economic Law. The first point is status of economic development which produces the legal system. The second point is governmental factors which restricts that to some degree. The final is value tropism of legal culture in this country which has great impact on governmental factors thatThe third part in the same way explores implementary mechanism .Firstly; status of economic development is the basis to that Secondly, governmental factors are the key. Finally but not the last, value tropism of legal culture in this country has the latency impact on this mechanism.The two parts said above open out the inherent relations between this legal system and status of economic development, governmental factors and value tropism of legal culture in this country, which demonstrate the essence, governmental due intervention, of Economic Law.Based on the above all, this author place great emphases on the analyses and improvements of core-component parts in the merger and acquisition legal system in the last part. At the aspect of company legal system, it starts with the following...