论我国对上市公司收购的法律监管

The Legal Supervision over the Purchase Behavior of China ′s Companies Quoted on Stock Exchanges

上市公司收购是一种重要的产权交易行为， 通过公司收购可以实现产业结构的调整和资源的优化配置。目前规范我国证券市场的基本法———《中华人民共和国证券法》已经出台，这对规范上市公司收购行为具有重要意义， 但它在某些方面仍需进一步完善。本文围绕对上市公司收购的法律监管，对我国证券法作一评介，以期能对我国证券市场的实践及证券法的完善有所裨益。

The purchase behavior of the companies quoted on stock exchanges is an important behavior of equity transaction, by which the adjustment of an enterprise ′s industry structure and the optimized disposition of its resources can be realized. Currently, the basic law which will regulate China ′s securities market—The Securities Law of the People ′s Republic of China has already come to the fore. This is of important significance to the regulation of the purchase behavior of the companies quoted on stock exchanges. Nevertheless, this law needs further improvement. The present paper reviews this securities law, focussing on the legal supervision over the purchase behavior of the above-mentioned companies, so as to be of benefit to the practice of China ′s securities market and the betterment of the securities law.