从法律视域探讨双层股权结构在我国的适用性  

The Applicability of the Double Ownership Structure in China from the Perspective of Law

作　　者：季晨[1] 

机构地区：[1]山东大学法学院,山东济南250100

出　　处：《商业经济》2017年第6期180-182,共3页Business & Economy

摘　　要：双层股权结构是一种非常规的股权结构,就目前而言,在全世界范围内对于双层股权制度的研究已经越来越深入,制度的优越性得到很大凸显。它可以良好地解决公司上市融资的需求,并妥善消除以往公司创始人团队与控制管理权旁落之间的矛盾,通过提升公司战略目标决策的科学性,在一定程度上合理地分散公司内部股东的投资风险。然而,它在现阶段所遭遇的困局也越来越多,对公司以往遵循贯彻的民主治理原则提出了新的挑战。在新时期,随着我国国内证券市场的发展,各项体系、制度也越发完善,对此,非常有必要尝试着踏足新领域、开展新实践,以此为今后证券市场的突破性发展探寻新型路径。Double ownership structure is an unconventional equity structure. The research has been more and more thorough all over the world for now and the superiority of the system is prominent. It can well solve the demand of listed companies financing, properly eliminate the contradiction between the founder group and the control power which has fallen into the hands of others, promote the scientific decision-making of strategic goals and reasonably scatter the investment risk of the shareholder. However, it encountered more and more dilemma and put forward the new challenge to the past principle of democratic governance. In the new era, with the development of our domestic securities market, the system is increasingly perfect. Therefore, it is very necessary to try to set foot on the new field, start the new practice, and explore the new path of breakthrough development of securities market in the future.

关 键 词：双层股权结构 监督机制 投资者保护 法律边界 

分 类 号：G711[文化科学—职业技术教育学]