Under the market environment of decentralization, diversification and small-denomination of the stock rights, especially the state-owned stock is dominant in our country, so the status of shareholders is unequal. To some extent, the board of directors is the represent of majority shareholders whose decision embodies the interest of majority shareholders and injures the interest of minority shareholders. So it is urgent to protect the interest of minority shareholders. In the present academia there are some systems such as cumulative vote, the agreement of vote and the derivative action of shareholder, but as a protection of rights should make the obligee be ready and do can exercise his power. So, in order to protect the right of minority shareholders fundamentally, we must ensure him to exercise his power. The right of vote is the main method to realize the share holder's right. The proxy solicitation system supplies a way for the minority shareholders who do not want to attend the general meeting because the cost of decision is too high and the influence of the voting act is too small. So the research on proxy solicitation system is very meaningful to protect the interest of minority shareholders.According to these considerations above, this article adopts comparative method and analyses the necessity of the protection of the interests of minority shareholders on the base of foreign experience. At the same time, combining the reform of the share system in our country, the article has a systematical discussion on how to set up the proxy solicitation system that is fit for China condition and can protect the interests of minority shareholders efficiently. |