Shareholders' Right To Know

The modern company pursues is "ownership" and "franchise", the principle of separation shareholders enjoy the ownership of the company, and management in the company directors, but master of senior management personnel hands. Most of the shareholders, especially small and medium shareholders, enjoy the ownership only, is not directly involved in the day-to-day management of the company, so it is difficult to grasp the operations of the company. This created the shareholders and senior management personnel in the information master inequality, the shareholder at a disadvantage. This is caused extremely easily senior management personnel by the convenience of position and information advantage on the interests of the shareholders infringement happens. Therefore, the shareholders’right to know it is very important. Shareholders’ right to know is to protect the interests of the shareholders, especially small and medium-sized shareholders a very important rights. Enjoy and exercise right to know is the medium and small shareholders’ supervision of corporation management important method, also is important decisions, such as shareholders benefited authority other core rights can be realized and implement the prerequisite and foundation.In our company law theory later start, for a long time, the shareholder’s right to know protection is insufficient, the legal rights of the shareholders is not guaranteed. The new company law strengthening of the shareholders’right to know protection, but is still not perfect, there are still many disadvantages. This paper through analyzing the relevant theories of shareholder’s right to know, in combination with the protection of shareholders’ right to know deficiency, puts forward some improvement Suggestions.This paper is divided into five parts. The first part of the preface, including literature review, to choose a background and research methods. The second part of the shareholder’s right to know act the analysis of the concept, mainly introduced the shareholder’s right to know the meaning, characteristics and properties. The third part introduces the realization of shareholders’ right to know way. Including the company’s information disclosure, and the shareholder power, the right to address inquiries and check any claim for power, etc. The fourth part analysis of China’s right to know about the protection of shareholders of the analysis of legislation. The fifth part in view of the existing legislation of the deficiencies, puts forward relevant improvement Suggestions.