非流通股流通方案的法律解析

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A12130()3456122.12.22.32.42.52.633.1---3.2---4.4.14.24.34.44.54.65.718220012.192.2---(HenryHansmann2001)129130102.3()()113419948AHB(HB)20027520122.420032003()13FrankH.Easterbrook,DanielR.Fischel19942.52003()142003152.633.1---16130130173.2---consideration13037418152147----77194.4.1199427------20031215204.2147200161253212001724199912252002122519981019999301999932001612148148147224.319942------103200012312350%12244.41302001525AHB4.52611()=11250025001250075003750075005274.6288920016295.13030199319991993199919942003121531[1]FrankH.Easterbrook,DanielR.Fischel,TheEconomicStructureofCorporateLaw,HarvardUniversityPress,(1991).[2]JoelSeligman,ABriefHistoryofDelaware'sGeneralCorporationLawof1899,1Del.J.Corp.L.(1976).[3]AdolfA.Berle&GardinerC.Means,TheModernCorporationandPrivateProperty,NewYork,TheMacmillanCompany.(1991).[4]EdwardS.Adams,JohnH.Matheson,CorporationsandOtherBusinessAssociations:Statues,RulesandForms,1997Edition,byWestPublishingCo.1997[5]LouisLoss,JoelSeligman,FundamentalsofSecuritiesRegulation,3rdedition,littleBrownAndCompany,(1995).[6]JeffreyGordon,TiesThatBond:DualClassCommonStockandtheProblemofShareholderChoice,76Calif.L.Rev.(1988)[7]Brudney&Chirelstein,FairSharesinCorporateMergersandTakeovers,88Harv.L.Rev.297(1974).[8]Brudney,CorporateGovernance,AgencyCosts,andtheRhetoricofContract,85Colum.L.Rev.1403(1985).[9]C199911[10]HenryHansmann2001[11]DelawareCorporationLaw1981[12]8144(a)(2)[13]R2001[14]1987[15]199432[16](2002)200211[17]1999[18]20031124[19]2001121933

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