股权分置改革的市场反应研究——以中小企业板为视角

本文以深市中小盘为样本,采用事件研究和回归分析相结合的方法,检验了股权分置改革的市场反应.研究发现,市场对股权分置改革各批次各事件期反应不一,随着时间的推移,市场越来越成熟了;流通股东在中小盘股改中获得了短期利益,非流通股东获得了流通权;流通股东参会率等变量对累计异常报酬率有显著的解释作用.这表明只有非流通股东具有诚意来设计对价方案,流通股东积极参与,才能达到共赢.     

有限责任公司法律制度的改革

有限责任公司具有资合性、人合性与封闭性;有限责任公司制度的改革应坚持适应性和引导性两大目标,任何有限责任公司法的改革都不是在消灭实质意义的有限责任公司,在不同的国情下,可能有限责任公司的名字在变化,而它固有的特性则越改革越凸现出来。     

公司治理结构模式比较及启示

文章评析当代市场经济国家在公司治理中出现的几种典型的公司治理结构模式,比较它们之间异同,进而分析我国国有企业、民营企业治理结构的现实状况,提出了我国公司治理结构的建立模式和具体的政策建议。     

Strategies and hybrid dynamics of soy transnational companies in the Southern Cone

Economical liberalization, market globalization and soy expansion stimulated the advance of big transnational companies in the Southern Cone countries (Brazil, Argentina, Paraguay and Uruguay). Currently, the main corporations acting on the last links of the productive chain are ADM (Archer Daniels Midland), Bunge, Cargill and Dreyfus (the ABCD firms), global leaders in the soy trade. The objective of this contribution is to analyze the different strategies these companies articulate in the Southern Cone, and their dynamics in local space through market relations with local producers. The results show the rapid and intense process of denationalization of the firms in the soy productive chain as well as the high level of market internationalization and company concentration. In spite of this, this study shows that all transnational power of ABCD firms, which seems so abstract and intimidating when seen in the global scale, depends on its basis of the formation, maintenance and exploration of relations of proximity, trust and reciprocity with local actors (especially rural producers), including family friendship linkages.     

论小公司立法规制的三种模式

进入21世纪以来，一些西方发达国家纷纷大幅度调整了公司立法，其共同特点是增强了对小公司发展的促进措施。公司法在处理小公司问题上有三种不同的模式．即特殊的公司形式、公司的替代形式以及采取“小公司优先”原则。其中”小公司优先”原则又可以采取不同的实现方式。     

越南私营企业发展的制度因素

革新开放后，越南私营企业从少到多、从小到大、从弱到强，在国民经济中占据越来越重要的位置。这一发展历程与越南政府的制度改革密不可分。越南政府通过修订《企业法》、《土地法》，加速推进行政改革等举措，为私营企业的发展提供了法律保障和机制保障。但私营企业的发展在融资渠道、信息来源、债务纠纷解决等方面仍面临诸多困难。     

Enhanced Competitiveness through Solidarity

正THE coastal province of Jiangsu in East China has been a trendsetter in reform of the country’s state-owned enterprises(SOEs),by drawing on experiences from countries around the world,including the model of Singapore’s Temasek Holdings Pte Ltd.Such efforts are epitomized in Jiangsu Soho Holdings Group Co.,Ltd.,whose reforms since 1984 have led to successful results after initial pangs,manifest in its increasing clout at home and abroad,and its efficient management.     

Promoting China-U.S. Economic Relations through the Bilateral Investment Treaty

正MUTUAL suspicions concerning security among major countries and increasing economic competition among them are further complicating the situation in the Asia-Pacific region.The U.S.is proactively advancing talks towards the TransPacific Partnership(TPP)Agreement in hopes of forging higher-level free trade agreements in the region,while China supports and is participating in the negotiations of the Regional Comprehensive Economic Partnership(RCEP).These     

Criticism of China＇s Anti-Trust Actions Is Unfounded

正THE Chinese government has recently launched antimonopoly probes against foreign corporate giants such as Microsoft,Mercedes-Benz and Audi.Some Western media outlets have interpreted the investigations as suppression of foreign enterprises.Although expected,these reactions are unreasonable in the light of evidence.China’s restrictions on monopolies are no more extreme than those practiced by other major economies,and in some ways are more lenient.When foreign companies violate laws,the Chinese government is obliged to step in     

国有控股、参股公司中国家工作人员的司法认定与规范分析

文章从国有控股、参股公司中的经济犯罪查办实践出发,对刑法意义下国有公司范畴以及国有控股、参股公司中国家工作人员身份的认定做进一步明晰,对国有控股、参股公司中国家工作人员职务经济犯罪问题游离于刑事司法之外的状况进行分析,并提出对策。