收購法 的英文怎麼說
中文拼音 [shōugòufǎ]
收購法
英文
purchase method-
More likely, sox is a convenient scapegoat for the bosses of public companies, who tend to get more money and less exposure to complaints about fat - cattery when their companies go private
索克斯法案更可能成為上市公司老闆近便的替罪羊，這些老總們渴望在公司下市（指被私募基金公司收購? ?譯者注）時增加收入並減少他們因獲益而遭到的外界批評。Furthermore, our legal institution for acquisition of listing company also has many shortcomings : its specific rules are not detailed enough, its logic is not strict, its inclination of value often self - contradict, its content is not integrated, the corporation law and securities law have n ' t supported it sufficiently, and the particularity of state - owned capital makes it unsuitable to the international consuetude
同時，上市公司收購的法律制度也很不成熟：微觀層面上具體規則不夠詳盡、可行性差，中觀層面上內在邏輯不嚴密、價值取向不清晰、內容不完整，宏觀層面上公司法與證券法體系未能提供足夠制度背景、特殊國有資產關系的介入又不符合國際慣常做法。Legally, tender offer is the transaction of stock shares between offerors and the shareholders of target corporation, but which enshrouds the fact that major shareholders manipulate the deal. however, minor shareholders always find themselves in an unequal and disadvantageous position
要約收購雖然在法律關繫上表現為收購者與目標公司的股東雙方當事人所進行的股票交易行為，但在這種形式的背後則掩蓋著大股東操縱交易的事實。Therefore, we should perfect the relative laws and regulations on tender offer, strengthen the protection to minor shareholders and equipoise the rights and obligations of all interested parties in tender offer and anti - takeover, so that the principles of " equity, fairness and openness " and " honesty and credit " are kept to effectively and economic and social benefits are aggrandized
特別是少數股東（中小股東）的利益在要約收購與反收購中處于極不確定的高風險的境地。因此，我們必須完善對公司要約收購的立法，強化對少數股東利益的保護，合理地平衡公司要約收購與反收購中各方的利益沖突，實現良好的經濟和社會效益。Takeover offer for listed companies is the universal way to take over listed companies in modern company ' s system. in the process of taking over the listing company, minor shareholders are always in the inferior status. protection of minor shareholders " rights is an important value objective of system of takeover. how to standardize takeover offer for listed companies for protecting of minor shareholders benefit is the problem that legislation will solve and that should also be paid attention to on judicial practice. relatively typical type of takeover by offer appeared in capital market, the protection of minor shareholders ’ interests in the target company has become the purpose of legislation and added some protected measure of minor shareholders ’ interests, but the expected goal has not been achieved completely. so it is necessary to establish a perfect system to protest minor shareholders ’ interests in the target company. so we should learn more from precedent experience of legislation and perfect the relative laws and regulations on tender offer, strengthen the protection to minor shareholders, equipoise the rights and obligation of all interested parties in tender offer
中小股東合法利益的保護是要約收購制度的重要價值目標。如何規范上市公司要約收購，保護目標公司全體股東特別是中小股東的利益，既是立法要解決的問題也是司法實務中應當關注的問題。我國的資本市場上出現了較典型的要約收購方式，立法也以目標公司中小股東利益的保護為主要價值取向，創設了一些中小股東利益的保護措施，但從其運作效果來看，在要約收購中目標公司中小股東的利益仍未得到有效的保護。The third part mainly analyses the cause of m & as failure in china, in general, they are : firstly, the boundary of government behavior and enterprise behavior is unclear, and results in main body alternates, secondly, imperfection of policy and law restricts m & as, thirdly, enterprises lacks strategical insight, misunderstands economies of scale, fourthly, excess irrelative diversification management in order to evade risks, fifthly, lack m & as core competence oriented thoughts, sixthly, conformity implement after m & as does not attain recognition
第三部分著重分析了我國企業並購失敗的原因，概括起來有以下幾點：第一、政府行為和企業行為邊界模糊，導致主體錯位。第二、政策法規不健全，對企業兼并收購形成制約。第三、企業缺乏戰略眼光，誤入規模經濟誤區。There are there ways to get the authority of the operating saloon car, such as cooperate, purchase and so on. the next step is to make settlement of the commodities purchasing and after - sales services, constructing market channels by directly investment, multiple shop, participate investment or holding company to increase the sales volume. under the idea " think more for you, let you live better ", the project provide a comprehensive loan to the consumers for estate, auto, and house electronic machines
本文就如何獲取小轎車經營權提出了合作和收購等叄種方法，對進貨渠道、售後服務等汽車經營問題給予了具體的解決方案；以公司獨立投資、連鎖店、參股和控股形式搭建營銷網路，促使汽車銷售量的擴大；在置信「為您想得更多，讓您住得更好」的經營理念下，提出綜合消費信貸，將住房、汽車、裝修和家電信貸消費融為一體，並為置信公司的住房和汽車聯動銷售設計了兩套方案。In a word, it presents a comprehensive and systemic analysis on mbo in china and foreign countries, from the followly fire aspects : the background of mba, the policy environment, the objective firms, the pricing methods, the financing system, find out differences of mba and the causes of them, and combinating special eco - nomic environment and economic traces of our country, the author puts forward counterplan. these counterplans primarily include : from strengthening laws, enhancing the information to publish, culturing to agency and etc to come to perfect the mbo policy environment on our country ; defining objective firms of mbo in realm that the state - owned property is decided to withdraw ; with the clean property worth for the foundation, synthesize to consider managers " contribute and the value of control powers with company, and pass the market mechanism to come for right price of the objective firms ; pass growing the organization investor, creative financing tool and optimizing the assistant financial system, establishing the valid withdrawing way of financing etc to resolve the financing problem
在此基礎上，論文從收購背景、政策環境、目標企業、定價方法、融資體制等五個方面對中外mbo做了全面系統的對比分析，找出了兩者的差異及原因，並結合我國特有的經濟環境和經濟軌跡，提出了相應的對策措施。這些對策主要包括：從健全法律法規、加強信息披露、培育中介機構等方面來完善我國mbo的政策環境；在國有資產決定退出的領域內對mbo的目標企業進行界定；以凈資產值為基礎，綜合考慮管理層貢獻和公司控制權兩個因素，通過市場機制來為目標公司正確定價；通過培育機構投資者、創新融資工具和優化配套金融制度、建立有效的融資的撤出渠道等來解決融資問題。After completion of the acquisition, icbc asia intends to ultimately merge the operations of fbahk into the company through a private bill which the company shall submit to the legislative council for enactment in due course
收購完成後，中國工商銀行亞洲將通過向立法會申請實施私人法案的方式，把華比富通銀行的業務合併進入中國工商銀行亞洲。After completion of the acquisition, icbc ( asia ) intends to ultimately merge the operations of fbahk into the company through a private bill which the company shall submit to the legislative council for enactment in due course
收購完成後，中國工商銀行（亞洲）將通過向立法會申請實施私人法案的方式，把華比富通銀行的業務合併進入中國工商銀行（亞洲） 。The fourth part is a research on the key stages of mbo including the prize system, the financial source and the control of the management. the fifth part is the analysis of cases, in which there are two typical cases waiting to be vivisected
第四部分，我國mbo過程中關鍵環節的研究:通過對收購價格、融資渠道、以及監管這幾個關鍵環節的研究，分析導致這幾個環節mbo失控的原因，探討從制度方面保證mbo正常進行的方法。Fed staff members are now conducting empirical research to try to determine if the bifurcated approach has any implications for possible acquisition strategies to be used by advanced basel ii banks in acquiring non - basel ii banks
聯邦儲備委員會的工作人員也在進行實證研究，以設法確定實行新資本協議的雙重途徑，是否會影響實行新資本協議的銀行對不實行新資本協議的銀行的收購策略。Chapter three, according to the stated problems and the facts in the stock market of china, give some suggestions for the distribution of equity resource in the issuing market and the circulating market : the way for selection of listed company, the way for control of issuing, refbrm of the way for issuing price, regulating of medium agency and listed company, encouraging the listed company distributing resources by buying and reorganization
第三章，針對上述問題，結合中國股票市場實際，提出優化一級市場、二級市場股本資源配置的建議：上市公司的選擇方式、發行規模的管理方式、發行定價方式的改進；規范中介機構和上市公司行為；鼓勵上市公司通過兼并、收購、重組等行為優化資源配置；配股管理方法的改進。Article 92 where a person acquires the shares of a company through a takeover offer or takeover agreement and closes down the company so taken over, it is a case of merger, and the purchaser shall have the existing shares of the closed - down company replaced according to law
第九十二條通過要約收購或者協議收購方式取得被收購公司股票並將該公司撤銷的，屬于公司合併，被撤銷公司的原有股票，由收購人依法更換。Thirdly, we have introduced the discussions on the existence of compulsory offer acquisition. we hold that in evaluating whether it is reasonable to establish the compulsory acquisition system and whether the compulsory offer acquisition system is effective, following objective conditions should be taken into consideration : 1. the legislation background of formulating the system ; and 2
但是評價是否應當建立強制要約收購制度，以及強制要約收購制度是否合理有效，應該結合立法時的客觀情況進行客觀分析，這些客觀情況應當包括以下內容：制定該項制度當時的立法背景，即在制定收購制度時，收購市場秩序是否健康，中小投資者的利益在收購過程中是否得到切實的保護It is heartening to interpret the relaxed official attitude to danone ' s sale as an indication that french politicians, led by their new president, nicolas sarkozy, are moving away from knee - jerk nationalism whenever a foreigner wants to buy a french company
將官方對達能售賣業務一事的寬松態度解讀成一種跡象，即以新總統尼古拉?薩科齊為首的法國政治人物正在摒棄外商有意收購法國公司時頻頻觸發的本能的民族主義情緒，這令人振奮。It ' s the author ' s belief that this problem can only be addressed using many different methods, each with its specific focus : special staff stocks raised within a company should be allowed to circulate freely with public shares when the company goes on public listing ; dealings of those corporate shares of listed companies in the auction market should be given some freedom for further experiment ; a curb transaction market operating on a combination of command - driven and quotation - driven principles should be established as soon as possible
拍賣市場中參與者的層次較為豐富，賣方有急於償債或套現的小企業、專門穿梭于異地之間收購法人股的「黃牛」 ；買方有作長期投資的大企業、投資與投機相機決定的二級市場炒家以及投機的個人與個人組合。法人股拍賣市場的形成與發展源於法人股上市預期的加快，而個股拍賣價格的形成則以凈資產值為基礎，與公司經營業績、法人股總量、二級市場股價等密切相關。Chelsea are set to pay around ? 20million for the england defender ? and the gunners are planning to use ? 16m of that to sign french world cup midfielder franck ribery
切爾西已經向阿森納開出了大概2000萬英鎊的報價，而槍手也計劃用1600萬英鎊收購法國球星里貝里。In our country, with the development of socialist market economy, take - over of listed company have become a hot spot. how to put take - over into a positive rail for improving availability of utilizing of resourses is a important issue in legal realm, . this thesis makes a comparative and pragmatic study on the theories and practices of current take - over, the dissertation probed into the basic theories ^ manners and prospect of take - over
在我國，隨著社會主義市場經濟的發展，上市公司收購已成為一個熱點問題，如何將其納入良性運行的軌道，以促進資源的充分有效利用和優化配置，是法學領域的重要研究課題，本文採取比較、實證等研究方法，立足於我國上市公司收購現狀，對上市公司收購法律制度的基本理論、收購方式和前景問題進行了探討。Adopt a law to regulate the cross - border bank m & a according to the wto system. next, the legislative branch should engage itself in the improvement of some relevant laws, such as antitrust law, the law of evaluation on state - owned assets
同時，還需進一步完善與銀行並購有關的法律制度，如反壟斷法律制度、反惡意收購法律制度、資產評估法律制度等。分享友人