A Study On The Protection Of Minority Shareholders In Listed Company's Volunteering Delisting

The protection of minority shareholders is the important content of listed company's volunteering delisting.This dissertation defines the concept of volunteering delisting of listed companies,and analyzes the cases of volunteering delisting of Chinese listed companies.Ultimately,this dissertation aims to protect the legitimate rights and interests of minority shareholders in the process of delisting,by putting forward some recommendations and suggestions for minority shareholders in decision-making rights,information disclosure and dissenters' appraisal protection.In addition to introduction and conclusion part,the dissertation is divided into four chapters as follows.Chapter?overviews volunteering delisting of listed companies.This part mainly discusses the concept and characteristics of active delisting of listed companies,the reasons of volunteering delisted companies,the particularity of active delisting of listed companies in our country,and the conflict of interest against various subjects in delisting.Finally,it can be concluded two types of volunteering delisting of listed companies in China,one is a listed company in accordance with the requirements of the listed and take the initiative to delist,the other type is a listed company delists by making its own no longer meet the listed requirements.Chapter ?illustrates the legal practice condition of minority shareholders in delisting.First,this chapter discusses the legislative situation in related field in terms of volunteering delisting of decision-making right,information disclosure and dissenters' appraisal shareholders.Afterwards,based on the announcement of 46 volunteering delisted companies,this dissertation focuses on specific situation of minority shareholders' rights violation,which is analyses in the light of decision-making rights,the right to know and dissenters' repurchase right.Chapter ?illustrates the experience of overseas volunteering delisting.This chapter introduces the overseas specific cases and regulations of volunteering delisting for reference,such as US,Germany,Singapore and Hong Kong.In addition,based on the experience of overseas companies,the dissertation tries to find out how to deal with similar situations.Chapter ?demonstrates the recommendation for legal regulation of the protection of minority shareholders in volunteering delisting.This chapter combines the current situation of legislation with the right violation of minority shareholders,and makes suggestions for minority shareholders protection in terms of decision-making rights,the right to know and dissenters' repurchase right.