Corporate Governance And The Interests Of Minority Shareholders Protection

This article firstly analyses the concept of "the minority shareholders", then discusses the fundamental features of the minority shareholders, the importance of protection for the minority shareholders'interest, and the relationship between the protection for the minority shareholders'interst and the Corporate Goverance. This article discusses the protection from two sides: the outside protection and the inside protection ,then points out the important question in the reconstruction of our own Corporate Goverance. This article intends to meet the urgent need,about 38000 words, consisting of four parts, besides the forward and the concluding remarks.Part I It is about the recapitulation of the minority shareholders'interst's protection. Beginning with the analysis of the concept. It discusesses the main three features ol the minority shareholders.,then it points out the necessity and the meaning of the protection for the minority shareholders.lt actually embodies the principal of fare in law. As far as the regulations of the company is concerned, it is the equality for all shareholders. So the system should takes the principal of fare as its final pursuit of value.Part II The relationship between the Corporate Goverance and the protection of the minority shareholders. It discusses the theoretical question about the history of the Corporate Goverance, the main function of Corporate Goverance, disclosing the fundamental theory of directing the minority shareholders'protection. The general method in Corporate Goverance all over the wold is by limiting the majority shareholders'power to protect the small and weak. So it's the general practice to ascertain the majority shareholders'obligation and set up the systems to prevent them from abusing their power.Part III The insider protection of the minority shareholders. It discusses the distribute of the right to vote in the shareholders'general meeting, the obligations of directors and supervisors. It poits out some means such as convening right, strengthening the duty of the supervisors, the right to address inquiries,etc. These measures constitute the main part of protection systems.Part IV The outside protection of the minority shareholders. It discusses the market of controlling right, the requisition for entrusting right by purchase and the litigation of a representative. These are new and creative in our country and are also fundamental for the improvement of the Corporate Goverance and the protection for the minority shareholders. How to establish the outside protection system is in great demand, and this article needs to improve for this.