资源描述：
《on the system of listed company share buyback（上市公司股票回购制度）》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、OntheSystemofListedCompanyShareBuybackAbstractreporeferstolistedcompaniesusecash,etc.,fromthestockmarkettorepurchasetheCompany’soutstandingbehaviorofacertainamountofstock,companyandshareholdersequitytransferbetweenaninternalact,the1990sweretheintroductionofChina’s
2、capitalmarket.Thispaperintroducesthecompany’sstockbuybacksystemoverview,andtheprosandconsofthissystemforassessment,thentheintroductionofanumberofcountriesorterritoriesoutsidetherelevantstockrepurchasemarketaccessandotherrelevantprovisions,basedontheanalysisoftheCh
3、inesestockreturnDevelopmentandLegislationpurchase.Inthispapershortcomingsofitsexistinglegislationputforwardaseriesoftargetedimprovementmeasures,sothatChina’ssecuritiesmarketoperationsmorestandardized.PaperKeywordsstakeholdersstockrepurchaseActFirst,thecompany’ssto
4、ckbuybacksystemoverview(A)Theconceptstockrepurchasestockrepurchaseis13alistedcompanyusecash,etc.,fromthestockmarkettorepurchasetheCompany’sissuedandoutstandingsharesofacertainamountofbehavior.Aftercompletionofthecompanystockrepurchaserepurchasedsharesmaybecanceled
5、,as‘treasuryshares’hold.Stockrepurchaseisalistedcompanywithshareholdersanact,istoadjustthecompany’scapitalstructureandtheadjustmentofmarketliquidityonthestockasawaytoshareholders,thecompanywillhavesomeimpact.(Two)sharebuybacklegislationandnecessityfromamongthecomp
6、any’sstockrepurchaselegislativehistoricaltrajectory,themajorityofnationallegislationingeneralhasgonefromlawdoestotheexceptionspermittedbythelawsandregulationsarealsoprecedentsorsimplegeneralizationprovisionstothedetailedprovisions.InChina,thesharebuybackisanewdeve
7、lopmentofthings,sotherelevantaspectsofthesystemisstillnotperfectlegislationforthelegislativestatusofChina’sstockrepurchasetheproblems,Chinaneedstostrengthenitseffortsonthestockbuyback13legislationtobeimproved.InChina,thesharebuybackissplitsharestructurereforminthe
8、contextoftheproportionofstate-ownedsharesinordertosolveinternalcontroloverJapanandotherequityirrationalstructureinthe1990sandintroduced.May2005theCommis
