Legal Problems Research For Voting Trust Of The Shareholders In Stock Corporations In China

Voting trust, as a lawful means of requiring and sustaining the dominative right of enterprises, has experienced more than one century since it appeared in the Case Law of the Untied States. Americans use the traditional trust system and flexibly utilize the fiduciary performance of the stockholder's voting right in order to perfect the system of stockholder's voting right, which solve all kinds of problems when the stockholders perform the voting right, and which extensively apply it to the different development periods of the foundation, normal management and reorganization of the corporations. It has an excellent affect on the reconstruction of the companies, the persistence and stabilization of the enterprise policies and the completion of the enterprise loan. It is certainly to say that voting trust is a unique innovation in the history of exploring how to thoroughly exercise the shareholder's voting right in the American jurisprudential circle. It also provides a new train of thought to perfect the system of voting trust.There is neither the statutory law of voting trust, nor the prohibitive regulation without permitting the exertion of such right in China. Therefore, it is a lawful means which comprehensively use of the principles of Trust Law and Corporation Law, and a system under the...