【摘要】：我國(guó)存在大量公司控制權(quán)轉(zhuǎn)讓交易,控制股東在交易中為使自身利益最大化而濫用控制權(quán)導(dǎo)致公司和中小股東利益受損的現(xiàn)象頻頻發(fā)生,但我國(guó)還缺少與公司控制權(quán)轉(zhuǎn)讓相配套的法律制度。本文針對(duì)我國(guó)控制股東在轉(zhuǎn)讓公司控制權(quán)時(shí)濫用控制權(quán)的現(xiàn)狀,通過(guò)比較目前各國(guó)和地區(qū)相關(guān)判例及立法,對(duì)我國(guó)控制股東轉(zhuǎn)讓公司控制權(quán)時(shí)承擔(dān)義務(wù)的法理基礎(chǔ)、合理性進(jìn)行分析,嘗試構(gòu)建我國(guó)控制股東轉(zhuǎn)讓公司控制權(quán)時(shí)承擔(dān)的具體義務(wù),并提出相關(guān)立法建議。 本文分為引言、正文和結(jié)論三個(gè)部分,其中,正文部分共分為五章: 第一章主要對(duì)“公司控制權(quán)”、“控制股東”、“公司控制權(quán)轉(zhuǎn)讓”等基本概念進(jìn)行法律層面的界定,明確本文的研究范圍。 第二章側(cè)重通過(guò)經(jīng)濟(jì)數(shù)據(jù)和研究資料揭示控制股東在公司控制權(quán)轉(zhuǎn)讓交易中濫用控制權(quán)的現(xiàn)狀及其危害,分析其原因,為平衡控制股東與公司、中小股東的利益沖突尋找可行的解決方法。 1本文所研究的“公司控制權(quán)”,是指通過(guò)行使投票權(quán)、表決權(quán)或控制公司董事會(huì),得以對(duì)公司所有可供支配和利用的資源施加控制和管理的權(quán)力。 “控制股東”,簡(jiǎn)單得說(shuō)就是事實(shí)上掌握公司控制權(quán)的股東,具體是指通過(guò)各種手段,如資本控制、人事連鎖、關(guān)聯(lián)控制等實(shí)際掌握公司控制權(quán)的股東,一般以股東對(duì)于公司的決策和經(jīng)營(yíng)上的支配或控制力作為關(guān)鍵性認(rèn)定標(biāo)準(zhǔn)。但控制股東并不是一個(gè)固定的身份,在不同的時(shí)期和場(chǎng)合,即便同一個(gè)公司的控制股東范圍也會(huì)出現(xiàn)動(dòng)態(tài)變化�？刂乒蓶|也不同于我國(guó)《公司法》中的“控股股東”,控股股東并沒(méi)有涵蓋對(duì)公司的董事會(huì)決議擁有控制權(quán)的股東以及雖然沒(méi)有任何表決權(quán)但通過(guò)支配公司的董事會(huì)成員間接控制公司的控制股東,而這類股東濫用控制權(quán)的現(xiàn)象并不少見(jiàn)。因此,從某種意義上說(shuō),控制股東是控股股東的上位概念,從控制股東取得控制權(quán)的方式上也可以將控制股東分為控股的控制股東(即控股股東)和非控股的控制股東。應(yīng)當(dāng)說(shuō)控制股東是一個(gè)更為靈活的概念,有利于對(duì)實(shí)踐中濫用控制權(quán)的股東進(jìn)行有效規(guī)制,而不必受制于股東持股比例的標(biāo)準(zhǔn)。 “公司控制權(quán)轉(zhuǎn)讓”,是控制股東通過(guò)股份轉(zhuǎn)讓、資產(chǎn)轉(zhuǎn)讓、信托以及協(xié)議安排等多種途徑,將其所持有的公司控制權(quán)有償轉(zhuǎn)讓給受讓人,使后者取得公司控制權(quán)而成為公司新控制股東的行為。實(shí)踐當(dāng)中存在很多種控制權(quán)轉(zhuǎn)讓形式:代理權(quán)征集、并購(gòu)、信托、訂立控制協(xié)議、資產(chǎn)重組或置換、轉(zhuǎn)讓公司控制股份等等。判斷具體交易是否屬于控制權(quán)轉(zhuǎn)讓交易,關(guān)鍵在于交易完成以后是否導(dǎo)致了控制權(quán)掌控者的變更。就通過(guò)轉(zhuǎn)讓股份完成公司控制權(quán)轉(zhuǎn)讓的交易類型來(lái)看,無(wú)論是轉(zhuǎn)讓全部還是部分股份,僅當(dāng)股份出售一方的控制股東因?yàn)楣煞莸霓D(zhuǎn)讓喪失公司控制權(quán),同時(shí)產(chǎn)生新的控制股東時(shí),才屬于公司控制權(quán)轉(zhuǎn)讓。如果控制股東轉(zhuǎn)讓股份以后自己仍然能夠在具體交易中行使公司控制權(quán),就不屬于公司控制權(quán)轉(zhuǎn)讓。因此,須結(jié)合具體交易情形判斷該交易是否屬于控制權(quán)轉(zhuǎn)讓。 本文主要研究控制股份轉(zhuǎn)讓導(dǎo)致公司控制權(quán)轉(zhuǎn)讓的交易類型。根據(jù)控制股東主觀狀態(tài)的不同,可以將控制權(quán)轉(zhuǎn)讓區(qū)分為善意控制權(quán)轉(zhuǎn)讓和惡意控制權(quán)轉(zhuǎn)讓,本文研究的主要是惡意控制權(quán)轉(zhuǎn)讓。在控制權(quán)轉(zhuǎn)讓交易中,同時(shí)涉及出售控制權(quán)的原控制股東和受讓控制權(quán)的新控制股東,本文僅研究作為出售方的控制股東。 第三章從法理上論證了控制股東對(duì)公司和中小股東承擔(dān)義務(wù)的理論基礎(chǔ),對(duì)在公司控制權(quán)轉(zhuǎn)讓交易中課以控制股東義務(wù)進(jìn)而規(guī)制控制股東惡意轉(zhuǎn)讓公司控制權(quán)的合理性進(jìn)行了分析。 第四章著重介紹控制股東在公司控制權(quán)轉(zhuǎn)讓交易中承擔(dān)的注意義務(wù)和忠實(shí)義務(wù),具體體現(xiàn)為合理調(diào)查義務(wù)、信息披露義務(wù)和控制權(quán)溢價(jià)分享義務(wù),疏理國(guó)內(nèi)外有關(guān)上述三項(xiàng)義務(wù)的研究成果,嘗試構(gòu)建我國(guó)公司控制權(quán)轉(zhuǎn)讓交易中控制股東的義務(wù)體系。 第五章分析我國(guó)有關(guān)公司控制權(quán)轉(zhuǎn)讓時(shí)控制股東義務(wù)的法律法規(guī)及其不足,對(duì)完善我國(guó)公司控制權(quán)轉(zhuǎn)讓交易中控制股東義務(wù)制度提出初步建議。
[Abstract]:There are a large number of transfer transactions of corporate control in our country. The phenomenon that controlling shareholders' abuse of control in order to maximize their own interests leads to the loss of the interests of the company and the small and medium shareholders frequently. However, there is a lack of legal system matching the transfer of corporate control in our country. By comparing the current situation of control right, by comparing the relevant jurisprudence and legislation in various countries and regions, this paper analyzes the legal basis and rationality of our country's controlling shareholders to transfer the control power of the company, tries to construct the specific obligations of controlling shareholders to transfer the control of the company, and puts forward relevant legislative proposals.
This article is divided into three parts: introduction, text and conclusion. The body part is divided into five chapters.
The first chapter defines the basic concepts of "corporate control", "controlling shareholders", "transfer of corporate control" and other basic concepts, to clarify the scope of this study.
The second chapter focuses on the economic data and research data to reveal the current situation and harm of the control shareholders abusing the control rights in the transfer transaction of the company's control rights, and analyses the reasons for the purpose of finding a feasible solution to control the interests conflict between the shareholders and the company and the small and medium shareholders.
1 the "right of corporate control" in this article refers to the power to control and manage all the resources that can be controlled and utilized by the company by exercising the right to vote, the right to vote or the control of the board of directors of the company.
"Controlling shareholders" is simply to say that the shareholders who have mastered the control of the company in fact refer to the shareholders who actually master the control of the company through various means, such as capital control, personnel chain, related control and so on. Generally, the control shares are the key criteria for the decision and management of the company, but the control stock is the control stock. The East is not a fixed identity. In different periods and occasions, even the control shareholders of the same company will change dynamically. The controlling shareholders are different from the "controlling shareholders" in the company law of China. The controlling shareholders do not cover the shareholders with the control of the company's board of directors, as well as not any of them. The right to vote is indirectly controlled by the members of the board of directors who dominate the company, and the phenomenon of the abuse of control is not uncommon. Therefore, in a sense, the controlling shareholders are the superordinate concept of the controlling shareholders, and the control shareholders can be divided into controlling shareholders in the way of controlling shareholders' control rights. The controlling shareholder (i.e. the controlling shareholder) and the non controlling shareholder should be said that the controlling shareholder is a more flexible concept, which is beneficial to the effective regulation of the shareholders who abused the control right in practice, without being subject to the standard of the proportion of shareholders' shareholding.
The transfer of the right of control of the company is the act of controlling the shareholders' transfer of the right of control of the company to the transferee through the transfer of shares, the transfer of assets, the trust and the arrangement of the agreement, which makes the latter obtain the control of the company and become the new controlling shareholder of the company. In practice, there are many forms of transfer of control rights: agent Rights collection, merger, trust, conclusion of control agreement, asset reorganization or replacement, transfer of company control shares and so on. Determine whether the specific transaction belongs to the control transfer transaction, the key lies in whether the transaction has led to the control of the control of the change after the completion of the transaction, the transfer of shares through the transfer of the type of transaction, regardless of the type of transfer of the company's control. Is the transfer of all or part of the share, only when the controlling shareholder of the stock selling party loses the control of the company because of the transfer of the shares, and produces the new control shareholder, which belongs to the transfer of the right of control of the company. If the controlling shareholder is still able to exercise the control of the company in the specific exchange, it is not under the control of the company. Transfer of rights. Therefore, it is necessary to determine whether the transaction is a transfer of control in connection with specific transaction situations.
This paper mainly studies the types of transactions that control the transfer of the control rights of the company. According to the different subjective state of the controlling shareholders, the transfer of control rights can be divided into the transfer of good faith control and the transfer of malicious control. This paper mainly studies the transfer of the right of malicious control. In the transfer transaction of control rights, it also involves the control of sale. The new controlling shareholder of the original controlling shareholder and the transferee control right is only studied as the controlling shareholder of the selling party.
The third chapter expounds the theoretical basis of the legal theory of controlling shareholders' obligations to the company and the small and medium shareholders, and analyzes the reasonableness of controlling shareholders' obligations in the transfer of the company's control rights and controlling shareholders' malicious transfer of the company's control rights.
The fourth chapter emphatically introduces the duty of attention and the duty of loyalty of the controlling shareholders in the transfer of the right of control of the company. It embodies the obligation of reasonable investigation, the obligation of information disclosure and the obligation of sharing control over the premium, and tries to construct the control stock in the transfer transaction of our company's control right by dredging the research results of the three obligations above and at home and abroad. A system of obligations in the East.
The fifth chapter analyzes the laws and regulations of controlling shareholders' obligations under the transfer of the right of control of the company in our country and its shortcomings, and puts forward some preliminary suggestions on improving the system of controlling shareholders' obligation in the transfer transaction of the company's control right in our country.
【學(xué)位授予單位】：中國(guó)政法大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2011
【分類號(hào)】：D922.291.91

【引證文獻(xiàn)】

相關(guān)碩士學(xué)位論文 前1條

1 李新;論控制股東濫權(quán)行為的法律規(guī)制[D];河北經(jīng)貿(mào)大學(xué);2012年

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本文編號(hào)：2153964