The Study Of Protection Of Rights Of Minority Shareholders In Corporation

Corporation is the important mini-basis in market economy and plays an essential pole. Shareholders are the establishment and engagement of corporation. Corporation cannot live and develop without shareholders. Of course, shareholders are not a single one, there are other ones including managers, debtors, employees and so on inside corporation. But it is very sure that the closest relationship between shareholders and corporation. Shareholders take out their capital to form a corporation, and then hold the meeting of shareholders to elect board of directors as usual and make-policy organ in charge of management. By using their rights, shareholders are able to control over and impact on the corporation.There are plenty of conflicts and paradox in corporation focused on multi-facet gains, such as between majority and minority, board of directors and shareholders, etc. Among them, the conflict between majority and minority is the first issue of corporate governance structure in china. If only make "vote rules" solve the problem, it probably results in negative things of abusing rights and disobeying the equality between shareholders and is harmful to minority. Therefore, it is vital that fiill protection of minority to sustain the justice and equality in law.