论对目标公司管理层反收购行为的法律规制

我国对目标公司管理层反收购行为的规制 ,可借鉴英国的立法模式 ,但应允许在一定情况下自主采取反收购措施。即相关立法应在自由和必要之间达成一种平衡。在防止反收购措施滥用的同时 ,保障积极合法的防御 ,以维护收购者、目标公司股东、目标公司管理层及其他利益相关者的合法权益。

On the Legal Constraints to the Counter-Purchasing Actionsof the Managerial Body of the Target Company

Our country's legal constraints to the counter purchasing actions of the managerial body of the target company can be made with reference to the British mode of law making, but some autonomous counter purchasing measures can be taken under certain circumstances. That means relevant law making should achieve a balance between freedom and necessity. While preventing ill use of the measures against counter purchase, we should guarantee the active and lawful defense in order to safeguard the legal rights of the purchaser, the shareholders of the target company, the managerial body of the target company and other relevant beneficiaries.