As far as anti - takeover of companies are concerned , there is an important view in china that hostile takeover is benefit to the governance of companies and anti - takeover should be confined strictly 关于公司反收购，目前我国学界存在一种重要观点：敌意收购有益于我国的公司治理，主张严格限制反收购。
In china , with the development of the economy and the the deepen of reform , more and more hostile takeover and anti - takeover will appear , so there is an urgent need in china to establish an anti - takeover law system 敌意收购和随之而来的反收购活动日渐增加，对资本市场产生越来越大的影响，迫切需要相关法律制度的建立和完善。
The forth chapter draws the conclusions and makes suggestions . it points out that there are many limitations to hostile takeovers in china . it is necessary to strengthen the anti - takeover abilities of listed companies and improve the anti - takeover system 第四章是论文的结论和建议部分，指出敌意收购在我国尚存在重大局限，必须提高上市公司反收购能力，并完善反收购的相关制度。
A vice - president of a securities and investment firm was arrested by for allegedly soliciting 2 million for persuading a client to sell his shares in a listed company to facilitate its hostile takeover by an investment management company 廉政公署拘捕一名证券投资公司副总裁，怀疑他索取二百万元，以游说一名客户出售其所持有一间上市公司的股份，致使一间投资管理公司对该上市公司进行敌意收购。
This article traces the histories and theories of takeover and anti - takeover overseas . then , combined with the actuality of china , it draws a conclusion that hostile takeover has great limitations and it is necessary to strengthen the anti - takeover abilities of listed companies in china and improve the anti - takeover system 本文通过对国外公司收购与反收购历史的比较分析和相关理论的回顾，并结合我国实际情况，论证了敌意收购存在的重大局限，指出我国当前亟待提高上市公司的反收购能力及完善相关的反收购制度。
Based on the corporation govern theory and the market control theory , this article have a discussion on situations of the corporation govern structure in china . it reveals that hostile takeover is the important way of external supervision . and it sets forth that our legislation attitude towards the takeover is encouragement 本文从公司治理理论和市场控制权理论出发,着重论述了我国公司治理结构的状况,揭示出敌意收购是对公司治理进行外部监督的重要手段,阐明我国立法对公司收购采取鼓励态度的价值取向。
Part one introduces the connotations of anti - takeover actions of target corporations and the reasons for regulating them . firstly , this article defines anti - takeover actions of target corporations , based on the conceptions of take - over and hostile takeover . anti - takeover actions of target corporations are some actions taken by target corporations to prevent and resist purchaser ’ s takeover , in order to avoid the transformation of control power 同时,本文以分类的方式对目标公司的各种反收购措施进行详细的法律分析,对实践中发生过的争议问题提出自己的见解,探讨各种反收购措施在我国现有法律框架下的合法性,以明确实践中实施具体反收购措施的空间和限度。
