The Protection Of Creditors' Rights In Group Companies

Group companies happened with the development of corporate enterprises and the evolvement of corporate structure. It is a complex economic phenomena which is accompanied by linking companies to the main point of interest arising. This is the starting and standing point of the regulations for the affiliated transactions. In the process of the socialistic market economy of China, the enterprises'affiliated transactions have been formed, and varied transaction forms have appeared, but the defects have been brought at the same time because of the faulty correlative regulations. The nonstandard transactions induced a lot of damages to the minority stockholders and creditors, and this disturbed the normal orders of the market economy severely. Therefore, strengthen the research on the affiliated transactions and the regulations is very necessary for the avoidance of the occurring of affiliated transactions, protecting the profits of the stockholders and the creditors farthest, maintaining the basic principles of the market bargains, ruling the revenue and accountant custody, and promoting the correlate regulations of China. So, it has much important meaning for the socialistic market economy of China.