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On Proxy Solicitation Perfection Of The System

Posted on:2008-08-24Degree:MasterType:Thesis
Country:ChinaCandidate:K Y NanFull Text:PDF
GTID:2206360215489519Subject:Law
Abstract/Summary:PDF Full Text Request
As a kind of important tool that fights for companies control power, proxy draws more and more experts'attention. Proxy solicitation has a so called double-edged sword effect. Proper rules and regulations can promote their positive effects to perfect the corporate governance. However, if left unregulated, proxy solicitations will be used either by corporation management to sustain their control over the corporations, or by insurgent shareholders to disturb the corporations'ordinary management. It needs us to design rules to restrict proxy system for its benefits and drawbacks co-existing characteristic. In some western countries, the proxy has already been a kind of system of mature restriction"the internal person control"and obtains the widespread utilization. But in our country then still was at the initial stage, the legislation standard was extremely barren. Along with the development of the Share Splitting Reform in our country, it is predicated that the proxy will have the bigger development space in our country. Therefore, at present we must carry on the legislation in our country urgently to the proxy system to be perfect and the detailed rules and regulations, can to practice the operation correct direction by the time. This article in detail is introducing other national and in the local complete legislation experience foundation, unifies our country to collect the question which in the practice exposes, discusses our country correlation legal rule the insufficiency, and to consummates our country shareholder to entrust the voting system to put forward own proposal from nine aspects.With the Total words of 50,000, this article has three parts: the preface, the main text and tag. The main text is further divided into four chapters.The first part is the overview of the proxy system. This part mainly introduced the reason, the historical origin, the advantage and disadvantage, the restriction in law for the proxy system, having carried on an accurate define to the proxy system. It point out its gains or losses, for we can make use of the proxy system's merit and avoid its defect.The second part mainly introduced the practice of the proxy system in our country and analyzed this issue. On the base of the practice of the proxy system, combing our law rule and regulation of the proxy system, I analyze the question of our proxy system, simultaneously also have carried on the affirmation of the positive significance of this system in our country.The third part is the introduction of advanced legislation of the proxy system in various countries and region. This part introduce the proxy system of America,Britain,Japan,Taiwan Strait and so on, pointing out the referential significance in our country.The fourth part proposed the specific suggestion to our proxy system from nine aspects. This part is the main part of article, and it is also the innovation part. This part summaries the main aspect of our proxy system in detail, not only expatiate this proxy system but also summaries the practice of our proxy system in our country. I put forward to establishing some hypothesis on the ground of analyzing, and look forward to promoting to resolve the question as soon as possible.
Keywords/Search Tags:Proxy solicitation, corporate governance, information disclosure, Meeting of shareholder
PDF Full Text Request
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