摘要
源于所有制的差异,中国的资本市场形成了一种制度安排的股权二元结构。这种安排与资本市场固有的属性是不相容的,它背离了同股同权的基本原则,亦与公司法关于股东共益权的平等理念相去甚远。由此引起中国上市公司为解决股权分置而采取相应的措施。股权分置的局面对公司治理有很大的消极影响,尤其是对治理中的控制权市场的形成,对股权平等原则的滥用等。解决股权分置,则能较好地达到公司治理的目的。在解决股权分置过程中仍应关注包括国有经济战略调整及二级市场的操纵等问题。
Due to the differences on the ownership system, there is a dual structure of stock rights originated by the system in the capital market of China. It is incompatible with the nature of capital market and deviant from the basic principle of same stock with same right and also from the equal conception on co - benefits of share - holders. The dispensation of stock has its great negative effects on the administration of corporations. The solving of this problem will serve the administration of corporations.
出处
《湖南公安高等专科学校学报》
2005年第5期71-74,共4页
Journal of Huan Public Security College
关键词
股东权
股权分置
全流通
公司治理
the rights of share - holders
the dispensation of stock
all - circulation
administration of corporations
