Corporate Property Rights Reform: Legal Practice

Author: Li Yulong
Publisher:
Publish Date: 2005-04-01
Features: The book presented to the readers is both a summary of the author's many years of research and a crystallization of the author's practical experience from years of legal practice. It includes various perspectives on legal issues in corporate property rights reform from the academic community, as well as practical experience in handling legal issues encountered in practice. This book demonstrates the author's creative thinking on legal issues in corporate property rights reform using the fundamental theories of civil and commercial law, showcasing the theoretical foundation of a new generation of legal practitioners. The main issues discussed in the book on corporate property rights reform are all indispensable for actively promoting such reform.
— Wang Baoshu
The 16th Plenary Session of the Third Central Committee of the Communist Party of China emphasized that property rights are the core and main content of ownership, and proposed establishing a modern property rights system with clear ownership, clear rights and responsibilities, strict protection, and smooth circulation. Currently, the process of establishing modern enterprises in China's state-owned enterprises is a systematic project of property rights reform and innovation in property rights systems. This project involves significant legal risks, requiring all parties involved to exercise extraordinary wisdom and courage to advance property rights reform in a legally compliant and steady manner.
The author, Li Yulong, is a lawyer with many years of practice experience. He studied at the China University of Political Science and Law and later pursued and obtained a master's degree in civil and commercial law from the Law School of Renmin University of China. What is particularly commendable is that he has been able to summarize the issues encountered in his legal practice and engage in discussions with colleagues from both the academic and practical communities. At the same time, he has proposed insightful views based on the fundamental principles of civil and commercial law. The book presented to the readers is both a summary of the author's many years of learning and a crystallization of his practical experience from years of legal practice. It includes various perspectives on legal issues in corporate property rights reform from the academic community, as well as practical experience in handling legal issues encountered in practice. A significant portion of the book involves the author's creative thinking on legal issues in corporate property rights reform using the fundamental theories of civil and commercial law, fully reflecting the interactive relationship between theory and practice and demonstrating the theoretical foundation of new-generation legal practitioners.
The main issues discussed in the book on corporate property rights reform include both theoretical issues such as property rights theory, corporate governance, the relationship between capital markets and corporate property rights reform, as well as operational issues such as mergers and acquisitions, management buyouts, asset disposal, debt handling, employee rights protection, and taxation. The research on these issues is all indispensable for actively promoting corporate property rights reform. The author's discussions are highly meaningful for both academic research and practical work. It is hoped that more people will carefully read this book to jointly promote the in-depth development of research on legal issues in corporate property rights and to facilitate the standardized and improved progress of corporate property rights reform.