三角并购制度的最新发展及比较研究

A Comparative Study on the Development of Triangular Merger System

在经济全球化的背景下,各国企业为确保能获得更强的竞争力和更广阔的市场,正在越来越频繁地利用并购制度。三角并购具有简化并购程序和并购代价灵活的优点,所以其在美国和日本被广泛使用。三角合并起源于美国,日本随后引进了三角并购和三角重组制度,韩国也在2015年引进了三角重组制度以从制度上为企业的经济活动提供更加有力的帮助。但是,欧洲的大陆法系国家没有引进三角并购制度。本文通过对域外的三角并购制度以及英国、德国类似制度的比较研究,力图发现产生上述差异的原因并为中国未来引入三角并购制度提供有益借鉴。

Due to the globalization of the economic market,to secure more broaden market,the companies of each countries are using the merger and acquisition system.The triangular merger,with the advantages of simplification of the process and flexibility of the cost,it is the system that is largely used in United States and Japan.As the system that has been developed and advanced in United States,Korea as also introduced the trigonometrical reorganization system in 2015,and is providing institutional help.The economic activation of the company.However,the continental system of Europe are not introducing the trigonometrical reorganization system.In this thesis,to identify these causes,will look into the legislation of United States and Japan,which have introduced trigonometrical reorganization system,and will compare and review United Kingdom which has similar system,that have not introduced merger and acquisition system,as well as Germany that have not introduced merger and acquisition system,and others to obtain the issues on merger and acquisition system of China.