Research On Related Party Transactions Regulation Under The Context Of Company Law

As we known, the related party transaction is a natural product of the development ofmarket economy, and it has brought a lot of benefits, such as save the cost of transaction,improve the business efficiency and market competitiveness of company, and realize theoverall strategy of enterprise. However, related party transaction also has many negativeinfluences. Firstly, it will affect the normal management and profitability. Secondly, it willempty the corporation, and this corporation will lose the viability in market economy.Therefore, it is instant to set down effective laws to regulate related party transaction.Company Law is the basic law of the Commercial Law, as a saying goes:” Playing snakefight seven inches.” Regulate related party transaction in the framework of Company Lawwill be more effective. As a result, the newly revised company law filled the legislativeblank of related party transaction of Chinese Company Law.This paper is research on related party transaction regulation under the context ofCompany Law.Chapter one: Interpret the concept of related party transactions by its definition andcharacters, enable the reader to have a deep and correct understanding of related partytransaction.Chapter two: To explain and prove the necessary of regulate related party transactionfrom the positive and negative effects. Furthermore, it can drawing off the thinking on thelegal regulation of related party transaction.Chapter three: Tell about the basic principles of legal regulation on related partytransaction, there are even bargain, information disclosure, internal control, and judicialremedy.Chapter four: Introduce the relevant law to discuss legal regulation on related partytransaction, the provisions including direct regulation and indirect regulation. Chapter five: To investigate the development and improvement of related partytransaction regulation on Company Law in China. This research is based on comparison ofthe old and the new Company Law, judicial interpretation and development ideas.