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Research on the Protection of Shareholders' Rights in Company Law

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DOI: 10.23977/law.2024.030522 | Downloads: 0 | Views: 37

Author(s)

Xiaoxiang Hou 1

Affiliation(s)

1 Hubei Lifeng Law Firm, Wuhan, Hubei, China

Corresponding Author

Xiaoxiang Hou

ABSTRACT

The article explores the current state, existing problems, and suggestions for improvement in the protection of shareholders' rights from the perspective of company law. It first reviews the development of Chinese company law and its several significant amendments, especially reforms aimed at protecting minority shareholders' rights, such as the cumulative voting system and shareholders' derivative action rights. Then, the article provides a detailed analysis of the concept and classification of shareholders' rights, including property rights, individual rights, and collective rights, explaining the specific content of each type of right and their importance in corporate governance. Subsequently, the article assesses the current state of shareholders' rights protection under company law, highlighting issues such as inadequate protection of information rights, ineffective protection of voting rights, difficulties in exercising shareholder litigation rights, and insufficient regulation of related-party transactions. To address these issues, the article proposes several improvement suggestions. Finally, the article concludes by emphasizing the importance of protecting shareholders' rights for corporate governance and the healthy development of the market economy, hoping that through the combination of theory and practice, the mechanism for protecting shareholders' rights can be continuously improved, promoting the harmonious development of shareholders, companies, and society.

KEYWORDS

Company Law, Shareholders' Rights, Protection Research

CITE THIS PAPER

Xiaoxiang Hou, Research on the Protection of Shareholders' Rights in Company Law. Science of Law Journal (2024) Vol. 3: 146-153. DOI: http://dx.doi.org/DOI: 10.23977/law.2024.030522.

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