Research On The Legal Issues Of The Protection Of Shareholders' Rights Of Preferred Stocks

Preferred stock has the dual characteristics of stock equity and creditor's rights,and it is an investment tool that is different from the common stock.The preferred stock system of China is still in the pilot phase.The inadequacy of legislation and practical experience led to some difficulties in the application of our countries preferential share system in the context of legislative conflicts and deficiencies,the weak role of the voting rights revival mechanism,the imperfect exit mechanism,and the lack of protection of the right to information.In view of the fact that China has not yet been able to form a perfect legal system of preferred shares and the protection mechanism of preferential shareholders 'rights and interests,it is still necessary to pay attention to the rights protection of the priority shareholders with special characteristics.The basis of this article is on the current priority shareholder rights and interests protection situation.And it deeply analyzes the theoretical basis of the protection of shareholders' rights and interests,rethinks the shortcomings in protecting the rights and interests of the shareholders of the preferred shares in our country,draws on the experience of the advanced institutional of foreign countries,and then some suggestions on the legislative protection like the voting right system,the exit mechanism and the protection of right to information will be put forward,so as to gradually establish a perfect protection system for the rights and interests of the shareholders of the preferred shares in China.