论继承构成上市公司收购的立法路径  

The Legislative Path for Inheritance to Constitute Acquisition of Listed Companies

作　　者：叶秋萍 Ye Qiuping(Legal Department,Shenzhen Stock Exchange,Shenzhen Guangdong 518000,China)

机构地区：[1]深圳证券交易所法律事务部,广东深圳518000

出　　处：《河北经贸大学学报（综合版）》2024年第3期58-63,共6页Journal of Hebei University of Economics and Business(Comprehensive Edition)

摘　　要：我国现行上市公司收购监管的基本制度未对“收购”进行明确定义,实践中对通过继承取得上市公司股份成为控股股东是否构成收购,存在较大争议。应当厘清上市公司收购的核心考量因素是控制权,明确继承取得控制权构成收购的立法路径和制度实现,如立法不明确规定继承构成收购,建议设置选择期限由继承人明示收购意愿;如立法直接明确继承构成收购,建议豁免继承人的后续锁定期要求。China's current basic system for the regulation of takeovers of listed companies does not provide a clear definition of"acquisition",and in practice,there is a major controversy over whether the acquisition of shares of a listed company through inheritance becomes a controlling shareholder constitutes an acquisition.It should be clarified that the core consideration of the acquisition of listed companies is the right of control,clear inheritance of the right of control constitutes the acquisition of the legislative path and system to achieve,such as the legislation does not specify the inheritance constitutes the acquisition,it is recommended to set up a period for selection by the heir to express the will of the acquisition;such as the legislation is directly clear that the inheritance constitutes the acquisition,it is recommended that exempted from the heir's subsequent lock-up period requirements.

关 键 词：上市公司收购 继承 控制权 立法路径 

分 类 号：D922.291.91[政治法律—经济法学]