股票回购规制:日本经验与中国改革  

Regulations Governing Stock Repurchase:Japan’s Experience VS China’s Reformation

作　　者：林敏[1] 干胜道[1] 

机构地区：[1]四川大学工商管理学院,四川成都610064

出　　处：《现代日本经济》2006年第3期26-30,共5页Contemporary Economy OF Japan

基　　金：国家自然科学基金课题"信息非对称状态下企业资金安全性控制研究";项目编号:70202004

摘　　要：日本股票回购的规制经历了从原则上禁止到例外允许再到原则上许可的3个发展阶段。我国目前尚处于例外允许阶段。借鉴日本的成功经验,我国应进一步放宽限制,同时加强对其弊端的防止,建立严密、完整的规制体系,包括其资格、披露、方式和资金来源。The regulations governing stock repurchase in Japan have experienced three phases in their history, that is, from prohibition to exceptional permission to permission in principle, while the relevant legislation in China at present finds itself at the exceptional permission phase. Drawing on the successful experience of Japan, it is advisable for China to further relax the restraints and, at the same time, prevent malpractices that may result from doing so, and set up a complete system of regulations which should include the examination of qualifications, disclosures, manners and the sources of funds.

关 键 词：股票回购 日本商法 公司法 

分 类 号：D996.131.3[政治法律—经济法学]