股权分置改革的法律问题探析

Analyzing the Law on Stock-Right Splitting Reform

由于早期的制度设计,我国上市公司的股份分为流通股和非流通股,这样的股权分置状况严重制约了中国证券市场的发展,因此有必要对股权分置进行改革。股权分置改革是一次利益关系重新配置的过程,是一个法律问题。本文就股权分置改革过程中的法律依据问题、对价问题、非流通股股份权利瑕疵问题、法律救济问题和立法问题进行了法律分析。

Because of the system design in he earlier period,the stocks of company are divided into floating stocks and non-floating stocks.Such phenomenon of split stock-right has badly restricted the development of the Chinese stock market.It is necessary that we should reform the split stock-right.Stock-right splitting reform is a process of distributing benefit renewed.It is a legal problem too.This paper analyses the legal gist of stock-right splitting reform,the problem of consideration,the flaw of non-floating stocks,the redress of law and legislation.