Study On Shareholders The Right To Know Of China's Listed Companies

In modern corporate governance structure, the majority of shareholders are not directly involved in the company's management. in a matter of fact, the business information they grasped is on the company's weak position, the legitimate rights and interests is likely to be the eroded by managers of the company. Shareholders the right to know is the basic right of shareholders rights system, if the right is not specially protected in law or protected imperfectly , shareholders enthusiasm will be definitely suffered, and may even cause the entire corporate governance structure invalid and the basis of the company system shaked, thereby affecting the progress and development of Socio-economic. Therefore, to establish a sound shareholders right system not only of great significance to the protection of shareholder interests, but also to the healthy development of the social and economic. This article from some of the basic problems of the shareholders right to know to introduce, elaborated on the concept, nature, content and theoretical basis, and then introduced legislation relating to shareholders right to know of listed companies in some countries and regions of the world, and then using the method of comparison to analyze the law of shareholders the right to know.On this basis ,in view of the status and its shortcomings of the system in company law and securities law, combined with China's national conditions, to solve deficiencies of the system of shareholders right to know both from the entity and procedure aspects. It will perfect the system of shareholders right to know of china's listed companies .