Research On System Of Minor Shareholders

On September 19th 2007,Beijing Bank the biggest asset scale city business bank in China was listed in Shanghai.Before long the 'kids shareholders' even the 'baby shareholders' in the register of shareholder which were the Internet user found was concerned on the social.Beijing Bank had a news conference confirmed that there are 84 minors in the list of the shareholders before the IPO on September 2007.But the lawyers and the sponsors employed by the bank considered that minors had hold the stocks of the bank was strongly legal because there were not any laws,rules,documents can prove it not illegal so the situation was not worth to dealing specially.The statements warmly caused a lot of comments and discussions.In the same year,the State Administration for Industry and Commerce unveiled a fresh policy—Answer for whether the minors can be the shareholders of the corporations,the policy said that there are not any restrictive provisions restricted the minors to be the shareholders of the firms in the Corporation Law.So the minors can be the shareholders and the stock rights can be exercised by their legal representative.In 2015 the juvenile shareholders cashed out frequently,which caused the concern on the problems of the juvenile shareholders.Therefore the problems like the objective reasons of minors shareholders forming,legal efficacy of minors holding the stocks,the qualification of the minors representative,which were necessary to deeply discuss the theory of corporation law for solving the difficult law issues,stabilizing the economy,protecting the profit of the firms,shareholders,investors even the minors.Except the introduction and conclusion the paper involves four parts.At first the paper reports the meaning of the minors shareholders and the way of the minor shareholders owning the stocks.Form that part by realizing the specular of the minor shareholders,the country should pay attention to the issues.Secondly by discussing the ways of minors getting the stocks,the minors hold the stocks are totally legal.Thirdly there are some holes in the laws such as lacking of the supervisory mechanism.At last there are some advices to improve the law for the profit of the minors and the economy.There are some principles should be complied when the minors representative exercise the shareholder's right for the purposes of protecting profits of minors,corporations and investors.Eventually it is can be accomplishment that certain validity of minors holding stocks and maintain stabilization of the financial market and macroscopic and microcosmic purpose can finally be implemented.