我国反垄断法中企业并购相关问题研究

发布时间：2018-01-15 12:29

本文关键词：我国反垄断法中企业并购相关问题研究　出处：《四川省社会科学院》2012年硕士论文　论文类型：学位论文

【摘要】：企业并购成为经济发展重要的一种方式，对企业规模经济的发展和提高企业的竞争力都有举足轻重的作用。因此，企业并购一直都是经济学界和法学界比较关注的话题。我国在2008年实施的《反垄断法》中专门在第四章中对此作出了规定，在我国《反垄断法》第四章中没有使用“企业并购”的表述而是使用“经营者集中”。不管是使用“企业并购”还是“经营者集中”，从狭义上来说，经营者集中就是企业并购。从全球的经济发展形势来看，企业并购发展突发猛进，各国企业并购进行得有声有色，，因此，各国反垄断法都对企业并购的相关问题制定了较为严密的法律法规规定，使企业并购的发展有法可依，为企业并购的发展扫清制度上的障碍。我国反垄断法的发展较晚，在制度设置和实施中还存在一些问题，为了鼓励我国企业并购的发展，对于完善我国反垄断法中企业并购的相关规定迫在眉睫。本文主要分为四个部分，从分析企业并购的概述入手，接着分析企业并购对我国经济的发展具有的积极作用，寻找出目前我国反垄断法对企业并购规定的缺陷，进而提出完善我国反垄断法中企业并购相关规定的建议。第一部分主要是企业并购的概述，首先是介绍企业并购的概念。主要是从我国公司法和证券法对公司并购的概念分析入手，来引导出我国实施反垄断法后对企业并购概念的界定。接着分析企业并购动因理论，主要有经营协同效应理论、管理协同效应理论、多样化经营理论以及代理理论。最后分析企业并购的类型，即横向并购、纵向并购和混合并购。第二部分主要是我国企业并购的必要性分析。其具体内容为我国企业并购产生的原因分析，主要从企业发展的需要、企业提高规模经济的需要、企业获得战略时机的需要、企业适应经济全球化的需要四个方面来阐述。我国企业并购的特点，我的企业并购起步晚，主要是采取横向并购为主以及政府主导的模式。最后是分析我国企业并购对我国经济产生的积极作用和消极作用，企业并购是一把双刃剑，是一对矛盾关系，要用辩证的眼光来看待其积极作用与消极作用。第三部分主要是我国反垄断法对企业并购规定的缺陷，从实体规定和程序规定两个方面分别说明我国还需要改进的地方。实体规定方面是规制企业并购的法律制度不完备；相关市场的界定过于原则；企业并购的豁免制度过于严格；外资并购国家安全审查标准过于原则。程序规定方面是监管机构的监管力度不强；执法机构不统一；外资并购审查的主体不明确。第四部分主要是完善我国反垄断法中企业并购的相关规定，从而不断完善我国反垄断法法律法规，即完善《反垄断法》的相关配套法律法规；厘清外资并购的审查与国家安全审查的关系；放宽企业并购豁免条件，加强我国自律监管；建立统一的反垄断执法机构；给目前解决企业并购问题提供法律依据。
[Abstract]:Enterprise merger has become an important way of economic development, have important role in the development of the economies of scale of enterprises and improve the competitiveness of enterprises. Therefore, mergers and acquisitions have been more concerned about the economics and law topics. In 2008 our implementation of the "anti monopoly Law > specifically in the fourth chapter made the provisions of the anti-monopoly law in the fourth chapter of our country < > did not use the" merger "expressions but the use of" the concentration of business operators ". Whether it is the use of" merger "or" concentration ", in a narrow sense, the concentration of business operators is the enterprise mergers and acquisitions. From the global economic development situation, development of mergers and acquisitions unexpected Mengjin, foreign enterprises mergers and acquisitions were so full of sound and colour related issues, the anti monopoly law of enterprise merger regulation more strict laws and regulations, make the enterprise mergers and acquisitions The development of the law can help to clear up the institutional obstacles for the development of enterprise merger and acquisition.
The late development of China's anti-monopoly law, the system set up and implementation there are still some problems, in order to encourage the development of enterprises merger in our country, the relevant provisions of the enterprise to improve China's anti-monopoly law in mergers and acquisitions is imminent. This paper is divided into four parts, from the analysis of mergers and acquisitions, and then analyzes the positive the role of enterprise merger and acquisition of China's economic development has, to find out the defects of China's anti-monopoly law provisions on mergers and acquisitions enterprises at present, and put forward the relevant provisions of the enterprise merger and acquisition in China's Antimonopoly Law.
The first part is an overview of corporate mergers and acquisitions, first introduced the concept of merger. Mainly starting from the analysis of the concept of corporate mergers and acquisitions in China's company law and securities law, to guide the implementation of China's anti-monopoly law on the definition of the concept of enterprise merger. Then analysis the enterprise merger theory, the main operating synergies the theory of management synergy theory, diversification theory and agency theory. Finally, analysis of the type of merger, namely horizontal merger, vertical and mixed mergers and acquisitions.
The second part mainly analyzes the necessity of enterprise merger and acquisition in China. Analysis of the specific content for reasons of China's mergers and acquisitions produced, mainly from the needs of enterprise development, enterprises need to improve the scale of economy, enterprises need to obtain strategic opportunities, enterprises need to adapt to the economic globalization from four aspects. The characteristics of mergers and acquisitions in China I, M & A started late, mainly by horizontal mergers and acquisitions as well as government leading mode. Finally the positive role of mergers and acquisitions on China's economic analysis of enterprises in our country and the negative effect, enterprise merger is a double-edged sword, is a pair of contradiction, to look at the positive and negative effects a dialectical perspective.
The third part is the main defects of China's anti-monopoly law provisions on mergers and acquisitions of enterprises, from the substantive rules and procedural rules in two aspects that China still needs improvement. The substantive rule is legal system of mergers and acquisitions is not complete; too is the definition of the relevant market; the exemption system of enterprise merger is too strict; the nsrfa standard is too principle. The procedural rule is supervision of the supervision institution is not strong; the law enforcement agencies are not unified; the main foreign merger review is not clear.
The fourth part is the relevant provisions of enterprises to improve China's anti-monopoly law in mergers and acquisitions, in order to continuously improve the laws and regulations of anti-monopoly law of our country, that is to improve the "related laws and regulations of anti-monopoly law"; review of foreign mergers and acquisitions and clarify the relationship between the national security review of mergers and acquisitions; to relax the conditions of exemption, to strengthen our supervision; the establishment of a unified anti-monopoly law enforcement agencies; to provide a legal basis to solve the issue of mergers and acquisitions.

【学位授予单位】：四川省社会科学院
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：D922.294

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