Research On Company Bondholders Legal Protection System In China

Corporate bonds have become an important channel for direct financing of our company.The stability of the bond market is of great significance to the healthy development of the whole capital market.However,the corporate bondholders as a special corporate creditor,due to information asymmetry,incomplete contract,lack of legal system and other reasons,and in a weak position,the long run will seriously affect the confidence of our corporate bond investors,affecting China's bonds Market and capital market normal operation,affecting social stability.Therefore,in China's capital market to develop corporate bonds at the same time,the establishment of a sound corporate bond legal protection system is imminent.The foreign legal system related to the protection of corporate bond holders,mainly including the corporate bondholders' conference system,corporate bondstrustee system,corporate bond credit rating system,and corporate bond information disclosure system etc.We can learn from foreign perfect company bondholders legal protection system of the basic norms.Compare our country's current company law,securities law and other laws and regulations,market business rules such as the legislative situation.Research on improvement of the system of corporate bond holders legal protection path,in order to better safeguard the rights and interests of our country corporate bond holders.