股权分置改革中对价的法律分析

• 作 者: 王升义
• 机 构: 上海证券交易所,
• 出 处: 金融法苑
• 发表日期: 2006年03期
• 关键词: 社会公众股 股权 证监会 公众投资者 股价 所持 表决权 股票发行 中国人民银行 公司法

我国股权分置改革试点推出以来,出现了国有股、法人股股东向社会公众股股东支付“对价”的提法与实践;改革进入重点推进阶段后,证监会、国资委、财政部、中国人民银行、商务部《关于上市公司股权分置改革的指导意见》(以下简称五部委《指导意

Since the introduction of the Pilot Reform of Share Merger Reform in China, there have been some references and practices in paying “consideration” to state-owned shares and corporate shareholders to the shareholders of public shares. After the reform entered the key phase of promotion, the CSRC, the SASAC, the Ministry of Finance, the People’s Bank of China, Ministry of Commerce, “Guiding Opinions on the Share-holding Reform of Listed Companies” (hereinafter referred to as “the five ministries and commissions”