Trust System's Protection To The Minority Shareholders' Voting Right

Minority shareholders' right to vote is one of the most important rights for shareholders of a company. While the abuse to capital majority rule often infringes the voting right to minority shareholders. Even though several important rules such as Cumulative Voting System, Attorney Collection System, the limitation of the majority shareholders voting, the revocation about flaw resolution of the shareholders'meeting stipulated in the company law of China to protect the minority shareholders'voting right, the abovementioned rules respectively have their own limitation and can not protect the minority shareholders'voting rights effectively.From the practice of the foreign company, voting trust can check and supervisor majority shareholders through the united voting rights. Voting trust system can make up for the defects of the Cumulative Voting System and Attorney Collection System and perfect them to improve the management efficiency to the company. But currently in China, there is no such kind of law as voting trust. This essay is based on Cumulative Voting System and Attorney Collection System to analyze the Voting Trust System which can protect the minority shareholders and show the necessity and legislation conceive to use the Voting Trust System for reference in China.