Analysis on the External Equity Transfer of Limited Liability Company
Chicheng Ma
Abstract
Chicheng Ma
Abstract
The limited liability company combines certain characteristics and merits of both unlimited company and the publicly-held corporation. In the current legal system, the stockholders cannot take their money away in the period of existence of company, so the transfer of share rights becomes the unique choice for the stockholders of company of limited liability to exit from the company, but in order to safeguard the character of personal joint, the assignment of stock equity should be properly and limitedly regulated. Based on the related papers in the company law and the characteristic of market economy, this paper provides a detailed analysis of the basic issues and principles of the equity transfer. Based on this, this paper gives the suggestions on the regulations of equity transfer.
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The limited liability company combines certain characteristics and merits of both unlimited company and the publicly-held corporation. In the current legal system, the stockholders cannot take their money away in the period of existence of company, so the transfer of share rights becomes the unique choice for the stockholders of company of limited liability to exit from the company, but in order to safeguard the character of personal joint, the assignment of stock equity should be properly and limitedly regulated. Based on the related papers in the company law and the characteristic of market economy, this paper provides a detailed analysis of the basic issues and principles of the equity transfer. Based on this, this paper gives the suggestions on the regulations of equity transfer.
Key concepts: Limited liability, Joint-stock company, Equity (law), Shareholder, Corporation, Business, Liability, Parent company