股份转换是使得公司全体股东地位发生基础性变动的组织法行为,西方发达国家的公司法普遍规定了该制度。在我国,对该制度的应用和评价还存在一定争议,本文通过对股份交换基本概念和性质的界定及利弊的分析,提出在新一轮并购浪潮的背景下,引进股份交换制度具有必要性和可行性。 The share transfer is an act of organizational law that makes the fundamental change in the status of all the shareholders of the company. The company law of the western developed countries generally stipulates this system. In our country, there is still some controversy about the application and evaluation of the system. Based on the analysis of the definition and advantages and disadvantages of the basic concept and nature of the stock exchange, this paper proposes that it is necessary to introduce the stock exchange system under the background of the new wave of mergers and acquisitions feasibility.