Voting Rights Trust and Voting Rights Agreement
Ba Yong
Abstract
Ba Yong
Abstract
To better protect the interests of small investors,the author suggests China should establish two rules: one is voting right trust;the other is voting right agreement.Voting right trust allows one or more shareholders to set up a voting right trust orgnization and tranfer their stocks to the trustee,the trustee perform the voting rights and other rights for them in certain period.Voting right agreement permits some shareholders to perform the voting rights on issuses to be adopted at the shareholders general meeting according to the aggeement they make.
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To better protect the interests of small investors,the author suggests China should establish two rules: one is voting right trust;the other is voting right agreement.Voting right trust allows one or more shareholders to set up a voting right trust orgnization and tranfer their stocks to the trustee,the trustee perform the voting rights and other rights for them in certain period.Voting right agreement permits some shareholders to perform the voting rights on issuses to be adopted at the shareholders general meeting according to the aggeement they make.
Key concepts: Voting, Voting trust, Shareholder, Disapproval voting, Business, Cardinal voting systems, Law and economics, Political science