On the Pretection Mechanism of Minority Shareholders ——A commentany on the Relevent Regulation of Company Law
Li Ning
Abstract
Li Ning
Abstract
In modern companies the protection of minority stockholders is not only the requirement of legislation but also the requirement of balancing the interests among the variety of stockholders. Due to the imperfectness of company legislation,minority stockholders’interests have often been injured by the majority stockholders because the later are apt to abuse their control on the company and to pursue their own interests at the cost of minority stockholders. This essay intends to demonstrate the injury that the minority stockholders have suffered from the majority stockholders,to discuss the relevant provisions in the company law,and to put forward some advices.
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In modern companies the protection of minority stockholders is not only the requirement of legislation but also the requirement of balancing the interests among the variety of stockholders. Due to the imperfectness of company legislation,minority stockholders’interests have often been injured by the majority stockholders because the later are apt to abuse their control on the company and to pursue their own interests at the cost of minority stockholders. This essay intends to demonstrate the injury that the minority stockholders have suffered from the majority stockholders,to discuss the relevant provisions in the company law,and to put forward some advices.
Key concepts: Shareholder, Legislation, Mechanism (biology), Corporate law, Variety (cybernetics), Accounting, Business, Law