The Legal Analysis of the Development of Voting System at the Shareholders′ Conference
Song Zhi-hui
Abstract
Song Zhi-hui
Abstract
The voting system of shareholders′ conference has gone through many stages such as from consensus to capita to majority,from absolute capital to limited capital majority.From the evolution of the voting system of shareholders′ conference,it can be seen that the guiding principles and the development trend of modern company law are going towards greater equality,and puts the growing emphasis on the balance of the interests between the majority and the minority shareholders as well as the fair protection of minority shareholders on the basis of Capital majority decision rule.
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The voting system of shareholders′ conference has gone through many stages such as from consensus to capita to majority,from absolute capital to limited capital majority.From the evolution of the voting system of shareholders′ conference,it can be seen that the guiding principles and the development trend of modern company law are going towards greater equality,and puts the growing emphasis on the balance of the interests between the majority and the minority shareholders as well as the fair protection of minority shareholders on the basis of Capital majority decision rule.
Key concepts: Shareholder, Voting, Majority rule, Capital (architecture), Voting trust, Per capita, Corporate law, Business