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The Legal Protection On Company Founding Shareholders In Family Business

Posted on:2013-06-30Degree:MasterType:Thesis
Country:ChinaCandidate:J FuFull Text:PDF
GTID:2246330362473259Subject:Law
Abstract/Summary:PDF Full Text Request
This article obtained from the analysis of family business governance model ischaracterized traditional model of governance of the family business has been unable tomeet the business development model, the uncertainty of property rights and exclusionof family management on foreign talents two disadvantages to the family businesstransformation imperative, the second part focuses on the introduction of professionalmanagers bring to the enterprise what kind of vitality, and how against the concretemanifestation of such abuse and what the third part of professional managers targetedprotection against the articles of association as one of the important part must be takenseriously, in the company charter protection clause of the founder of professionalmanagers can effectively avoid the violation of the founder of the enterprise controlover discipline the daily operation and management activities of the professionalmanagers. Equity in priority to the introduction of professional managers, equityincentive, use only the priority incentive, given the right to professional managersinvolved in corporate dividends, but deprived of the voting rights of their participationin enterprise management, this can effectively prevent professional managers throughthe indirect control of the Board of Trustees of Enterprise, pose a threat to the rights ofthe family founder. The same time, the system of external professional managers needto improve, the government needs to play its role fully, to establish a transparent andorderly professional managers exchange platform to promote the normal flow ofprofessional managers, which can promote the development of the professional managersystem, which accelerate the pace of transition to a modern pace, China’s economicdevelopment and the rule of law development.
Keywords/Search Tags:Founder of the family business, professional managers, Priority, articles of association, founder protection clause
PDF Full Text Request
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