A Study On The Legal Issues Of The Shareholder's Right To Know In A Limited Company

Shareholders' right to know plays an important role in knowing and grasping the company's situation and business information,which lays a solid foundation for shareholders to rationally exercise other rights.At present,the legal provisions on the right to know of shareholders of Co.,Ltd Limited Liability Corporations(LLC)in China are too rough,which makes the right still faces problems in practice,such as unclear subject of rights,not specific exercise form of rights,and lack of methods to protect the rights.Through the study between our's and extraterritorial's current laws and regulations of LLC,also between the experience of judicial practice of LLC,we absorb the wise experience for further reference.This article refines the specific scope of the shareholder,conditionally opens the access to look into the files,perfect the expert system by clarify the stander of the experts and add specific reason to avoid.being selected;to refine the subject of the right of inquiry,expand the exercise time of the right of inquiry and limit the scope of inquiry to matters related to the agenda of the meeting;after analyzing the system of external inspection candidate appointment it is suggested that the system can be introduced on the basis of refining the ways of starting the inspection candidate appointment and refining the conditions of selection.In addition,it is also proposed that the remedy way to increase the shareholders' right to know and the suggestion to strengthen the legal accounting system.