Font Size: a A A

On The Parties System Of Shareholders Derivative Action

Posted on:2011-09-07Degree:MasterType:Thesis
Country:ChinaCandidate:Q XuFull Text:PDF
GTID:2166330332466260Subject:Law
Abstract/Summary:PDF Full Text Request
The system of shareholders derivative action, as a widely adopted system of company litigation law used in the major countries in Anglo—American legal system and Continental legal system,has great importance in securing the performance of companies'duties, protecting small shareholders in companies especially listed companies and advancing the corporate governance structure. Along with the voices calling for protecting small shareholders rights are increasingly rising, the shareholders derivative action is introduced in the revised edition of PRC Company Law, which provides a clear legislative authority for protecting small shareholders rights and interests.At the same time,we should keep in mind that in the condition of no relevant supporting legal system and under no condition of stare decisis,there are something for the system to be improved and perfected to assure that the system can play its role well in Chinese judicial cycle and stand well in China's legal system.In this thesis,based on the explaining of the concept, origin and function of shareholders derivative action,the author analyses the qualification restrictions of plaintiff, the scope of defendant, the status of the company in the shareholders derivative action, and give some suggestions on the constructing of the party system of shareholders derivative action.
Keywords/Search Tags:shareholders derivative action, parties, qualification of plaintiff, scope of defendant, status of corporation
PDF Full Text Request
Related items