Study On System Of Limited Company's Shareholders' Rights To Learn The Truth

In modern company system, the shareholders' equity is the core content of capability architecture. However, the modern company administrative structure based on the"the property is separated with the management", which leads to the shareholders acquiring much less management information of the company than the directorate, and the directorate controlling the company. So the shareholder was on an obvious sticky wicket in controlling company and decision-making. The shareholders can make the right decision only when they get sufficient, impersonal and exact. Consequently the shareholders'rights and profits can be protected authentically and sufficiently. Therefore, the company law of the countries all over the world confer rights to learn the truth on shareholders, which including the right of inspecting financial accounting report, the right of inspecting books and records, the right of inquiry and the right of request for empanelling inspector. The author writes the paper to present the assumptions on how to perfect our system of shareholders'rights to learn the truth, by drawing on other countries'successful experience of legislation and analyzing the shortages of our existing laws.This article is composed with four chapters.The chapter I mainly defines the concept of shareholders' rights to learn the truth. It's an abstract brief of the some rights of inspecting the files about company management, just as financial accounting report, books and records, and inquiring. The author describes shareholders' rights to learn the truth by three sections, which is the right of inspecting, the right of inquiry and the right of request for empanelling inspector.