On The Protection Of Minority Shareholders' Dividend Rights

In recent years,with the prosperity and development of the market economy in our country,companies are springing up.Consequently,dividend disputes are also increasing year by year.This is mainly caused by the abuse of majority shareholders' rights.Due to the manipulation of majority shareholders,the board of shareholders doesn't make the dividend resolution for a long time or decides not to distribute dividends,or the board of directors doesn't perform the dividend resolution.So the minority shareholders' dividend rights are badly damaged,then leading to a lot of litigation.Because of the characteristic of personal combination,this phenomenon is especially obvious in the limited liability companies.However,due to the hysteresis of the law,it's difficult to effectively guarantee the smooth realization of the shareholders' dividend rights in the limited liability companies relying on the existing legal system.So,based on the cases of dividend dispute,this article uses the empirical analysis method to discuss the problem on the protection of shareholders' dividend rights in the limited liability companies of China and the causes of problem.Then,this article analyses the typical protection systems of shareholders' dividend rights of the United States,Britain and France.Finally,based on the foreign advanced experience,this article puts forward some suggestions to improve the protection system of shareholders' dividend rights in China.