The Mandatory Bid Rule: Efficient,After All?

The mandatory bid rule has its origins in the UK and now applies throughout the EU and in many other jurisdictions. Under a mandatory bid, an acquirer of a controlling stake in a listed company has to offer to the remaining shareholders a buy‐out of their minority stakes at a price equal to the consideration received by the incumbent controller. While the rule warrants that no value‐destroying control transfers take place, it is often criticised for preventing value‐increasing transactions. This paper challenges some of the claims made by critics of mandatory bids. Highlighting the effects of synergy gains in private sale‐of‐control transactions, it is shown that mandatory bids prevent inefficient control transfers, where minority shareholder protection rules provide inadequate protection. Furthermore, mandatory bids help facilitate transfers to the most efficient bidders in multi‐bidder settings. The mandatory bid is justifiable, on economic grounds, in wider circumstances than is commonly assumed by law and economics scholars.     

《反垄断法》私人实施之难题及其克服:一个前瞻性探讨

我国反垄断法的私人实施面临受害人数众多,原告资格难以确认,被告违法行为难以证明,损害赔偿数额难以计算等诸多难题,而竞争文化的缺失,法律工具主义的流行,可能使私人实施反垄断法变得更为困难。将反垄断诉讼之原告限定为直接受违法行为影响的人,以反垄断执法机关或法院作出了被告违法的有效决定或判决作为受理案件的条件,实行因果关系推定原则,统一规定损害赔偿数额的计算方法,重视竞争文化的培育和传播,可有效地克服这些困难。     

论我国民事自助行为制度的建构——兼评我国各民法典草案中自助行为的规定

自助行为是相对于公力救济而言的一种私力救济行为。自助行为制度的确立,有利于我国民事权利保护制度的完善。我国目前的民法通则和物权法对自助行为没有设明文规定,因此在实践中我们应借鉴国外有关自助行为的立法和我国目前各民法典草案中有关自助行为的规定。至于我国未来的民法典,当在总则中设立“权利保护”一章规制自助行为,以建构体现现代民法精神的自助行为制度。     

论农村土地征收中私有财产权的法律保护——从立法、执法、司法的角度

基于公共利益的需要对农村土地实行征收涉及对私有财产权的强制剥夺与限制。由于现行立法、执法和司法等原因,损害了公民私有财产权或受损的权益得不到有效救济。因此,完善相关立法,加强依法征收,限制征收权滥用,及时救济受损的被征收农民土地权益,从而加强对私有财产权保护。     

私法自治的基本内涵

私法自治是大陆法系民法的一个基本原则,它是私法主体根据自己的意思形成私法关系的自由。私法自治强调人的主体性,它以法秩序为前提,并通过法律行为予以实现。     

私人主体参与全球行政法

在全球化环境下,除了国家、正在争取独立的民族以及国家间的国际组织,越来越多的私人主体直接参与到超国家行政关系中来,成为全球行政法的主体。"全球行政法"被定义为包括那些促进或以其他方式影响全球行政机构问责性,特别是确保其达到透明度、参与性、合理决策和合法性方面的充分标准以及对其形成的规则和决定提供有效审查的机制、原则、惯例和支持性的社会认同。从全球行政法形成的三个阶段可以清晰看出,传统二元性法律理论与全球行政法发展之间的联系,进而明晰私人主体是如何一步步迈向全球行政法,成为全球行政法主体。在当前的环境下,私人主体参与全球行政法也面临一些困境,需要逐步解决。     

试论我国国际私法学说的创立

对于西方现代的国际私法学说,应兴利除弊。如何对待外国法,如何对待国际条约,如何设计具体的国际私法制度,应本着扩大国际交往,增进我国人民的利益的精神加以解决。国民利益增进说在这样的考虑下应运而生。     

土地征收的私权保护——兼论我国土地立法的完善

我国由于现行土地征收立法本身存在内在冲突和漏洞 ,又加观念、制度、操作等方面的问题 ,造成土地征收中公权侵害私权 ,产生了严重的社会后果。解决问题的根本出路在于 :更新立法理念 ,贯彻私权保护原则 ;明确界定公共利益范围 ,严格限制征收权的滥用 ;开放农村建设用地市场 ,促进土地资源高效配置 ;健全土地征收程序 ,增强公开性、公正性 ;完善土地征收补偿制度等     

民营企业参与社会主义新农村建设大有可为

建设社会主义新农村需要全社会各方面的共同努力,新农村建设为民营企业提供了重要的发展机遇,民营企业要积极主动参与新农村建设。     

The Punishment on the Private Law——Justification of Putting the Punishing Payment to Damage into the Civil Law Code of China in the Future

There has been a debate about whether the Punishing Payment to Damage should be put into the Civil Law Code of China in the future, for the characteristic of the Punishing Payment to Damage conflicts to the Compensation Principles. From the angle of origin of the Compensation Principles, this paper demonstrate that it should be restricted in the field of private law. Thus we should break the monopoly of public law to punishment, and reserve the space to it in the field of private law. By increasing the amount of the Punishing Payment to Damage, the civil responsibility should be full of diversity and manifold, and the happen of damage could be decreased. Putting the Punishing Payment to Damage into the Civil Law Code of China in the future is not only legitimate but also significant.