Research On The Privileged Allocation To Stockholders Of Limited Corporation

The legal theory of the privileged allocation of stockholders of Limited Corporation is based on the theory of expectancy and Limited Corporation. The privileged allocation of stockholders is a statutory right, a claim enjoyed by stockholders with qualification, which shall be exercised in accordance with legal procedures. The validity and legal protection of the privileged allocation to stockholders shall involve the balance between the capital interests of corporations and principle of stockholders'limited liability, and the way to prevent abusing the freedom of stock transfer.The first part of thesis is about how to comprehend and fix on the"equal condition"in the privileged allocation of stockholders of Limited Corporation. The author used a case to bring about the question .we can get a conclusion by probing into the pursuant of the privileged allocation of stockholders of Limited Corporation. The stockholders who have privileged allocation can enjoy the protection to their chance, but can not enjoy the protection to the price. The stockholders who want to sell their stock are confined to choose the business objects. This is the base of comprehending and fixing on the"equal condition"in the privileged allocation of stockholders of Limited Corporation.The second part of thesis is about partly exertion of the privileged allocation of stockholders of Limited Corporation. Some academicians believe that although there is no provision in the Law of Corporation in the present law of China, we should allow the stockholders exert their right partly. But the author doesn't agree with them. Because the law didn't demand the...