On Proxy Solicitation In Cyberspace

Solicitating proxy is an important way to inspire shareholder democracy and make corporation governance perfect, because of it's important role, more and more scholars in theory circle and practice circle begin to concern this system. With the raising of prevalence rate and the maturing of web technology, solicitating proxy can be operate in cyberspace. Through this means, not only corperate but also shareholder can pay fewer expense but get better effect, copairing with the traditional solicitate means. Nowadays, we haven't see classical cases of solicitating proxy in cyberspace in China, except that, the legislation of this system is still a gap, so we must mirror America, which has abundance of experiences in operating solicitation through internet, then we can proper deal with all kinds of problems that appeared in the process of internet solicitation under the principle of equity, justice and public. However, everything has two coins, we must enact relevant law as soon as possible, whose aim is to define the actor and behavior, govern shareholder proposals and information disclosure, only in this way, we can guarantee the economic value and democracy value of solicitating proxy in cyberspace.