Research On Legal Issues Of Shareholding Entrustment In Listed Company

In recent years,the issues of shareholding entrustment have became the hotspot in corporation law field.The validity of the shares in the limited liability company to give affirmative,for the stock market took place on behalf of the shares,there is no clear legal or administrative regulations to its constraints and regulation about the issues of shareholding entrustment.But this paper transforms the perspective,the focus of research will be transferred to the issue of s shareholding entrustment in listed companies.The law also affirms the validity of the shareholding entrustment in the limited liability company,but at the same time,the shareholding entrustment are held in the securities market,and the effectiveness of the shares is still due to the lack of legal provisions as blank areas,especially in listed companies Greater uncertainty,the existence of a large number of shareholding entrustment in the capital market on behalf of the phenomenon of urgent need to legal constraints and guidance.Whether from the theoretical or practical point of view,with the vigorous development of the securities industry,listed companies on behalf of the issue of shares is not a drop in the ocean,more and more frequently in the securities market.With the rapid development of China's securities industry,the securities market is also faced with the test of the complex legal relationship,the complexity and diversification of the securities market has also breed a lot of problems.Due to the characteristics of the bond market and the freedom of circulation,the effectiveness of the shares acting on the listed companies is often not recognized at the legal level.The issues of shareholding entrustment in listed company which from the legal validity and economic efficiency point of view there is a certain legitimacy.Through the actual case analysis,we can draw the following conclusions: At present,China's securities industry on the listed company on behalf of the stock control system is generally blurred and ambiguous."One-size-fits-all" to prohibit the listed company's shares on behalf of the act,and can not completely cut off the securities market secretive.The securities industry's regulation of the shares of the listed companies is only reflected in the design of the information disclosure system,requiring the listed company's "equity clear." In the field of securities regulation,the actual illegal cost is far less than the proceeds obtained through illegal means,the regulatory effect is often unsatisfactory.This paper hopes to discuss the legitimacy of the existence of shares of listed companies,and classify and discuss the behavior of the listed companies,study the reasons for their emergence and the common form in the actual operation,combined with the actual market needs to form the need to establish a listed company shares On behalf of the proposed system,and on behalf of listed companies on behalf of the improvement of supervision on the proposed constructive recommendations.