異議股東股份回購請求權(quán)問題研究
發(fā)布時間:2018-07-23 18:39
【摘要】:現(xiàn)代公司決策普遍采取“資本多數(shù)決”原則,這一原則雖體現(xiàn)了股東民主、資本平等的理念,但在發(fā)生對股東的利害關(guān)系產(chǎn)生重大影響的公司變更時,如何既保護少數(shù)異議股東的權(quán)利,又不影響公司的正常經(jīng)營和穩(wěn)定發(fā)展,成為一個急需解決的問題。在公司發(fā)生基礎(chǔ)性重大變化時,賦予異議股東一項權(quán)利,使異議股東有權(quán)要求公司以公平價格收買去股份,從而退出公司,此謂“異議股東股份回購請求權(quán)”。該請求權(quán)起源于美國,經(jīng)過一百多年的發(fā)展演進,現(xiàn)已被世界上大多數(shù)國家采用,其中尤以美國的相關(guān)制度最為成熟、完善。該制度旨在平衡多數(shù)股東和少數(shù)股東的利益,并最終實現(xiàn)公平和效率的平衡,是對“資本多數(shù)決”的補充和匡正,是一項對少數(shù)股東保護的有效措施。 我國于2005年新修訂的《公司法》中引入了“異議股東股份回購請求權(quán)”,無疑是一大進步。然而,立法僅僅對股份回購請求權(quán)進行了原則性的規(guī)定,缺乏明確性和具體性,實踐操作不強,尚待立法的進一步完善。本文以異議股東股份回購請求權(quán)的基本原理出發(fā),通過比較我國《公司法》的規(guī)定與各國的立法例,對其適用范圍、行使程序等諸多問題進行系統(tǒng)分析,并結(jié)合我國的國情和立法現(xiàn)狀提出了完善我國異議股東股份回購請求權(quán)制度的建議,使其能夠在我國當(dāng)前的立法和實踐背景下有效地運作。
[Abstract]:The principle of "capital majority decision" is generally adopted in modern company decision-making. Although this principle embodies the concept of shareholder democracy and capital equality, when the company changes which have a significant impact on shareholders' interests, How to protect the rights of minority dissenting shareholders without affecting the normal operation and stable development of the company has become an urgent problem. When the fundamental and important changes take place in the company, the dissenting shareholders are given a right to ask the company to buy the shares at a fair price, thus withdrawing from the company, which is called the "right of claim for share repurchase by the dissenting shareholders". The right of claim originated in the United States, after more than 100 years of development and evolution, has been adopted by most countries in the world, especially the relevant system of the United States is the most mature and perfect. This system aims at balancing the interests of majority shareholders and minority shareholders, and finally realizes the balance of equity and efficiency. It is a supplement and correction to "capital majority decision" and an effective measure to protect minority shareholders. In 2005, China introduced the "right of claim for share repurchase of dissenting shareholders" in the newly revised Company Law, which is undoubtedly a great progress. However, the legislation only provides for the right of share repurchase in principle, which lacks clarity and specificity, and is not strong in practice, so it needs to be further improved by legislation. Based on the basic principle of the claim right of dissenting shareholders' share repurchase, this paper makes a systematic analysis of the scope of application, exercise procedure and so on by comparing the provisions of China's Company Law with the legislative examples of various countries. According to the situation of our country and the current situation of legislation, this paper puts forward some suggestions on how to perfect the system of claim for share repurchase by dissenting shareholders, so that it can operate effectively under the background of current legislation and practice in our country.
【學(xué)位授予單位】:吉林大學(xué)
【學(xué)位級別】:碩士
【學(xué)位授予年份】:2011
【分類號】:D922.291.91
本文編號:2140286
[Abstract]:The principle of "capital majority decision" is generally adopted in modern company decision-making. Although this principle embodies the concept of shareholder democracy and capital equality, when the company changes which have a significant impact on shareholders' interests, How to protect the rights of minority dissenting shareholders without affecting the normal operation and stable development of the company has become an urgent problem. When the fundamental and important changes take place in the company, the dissenting shareholders are given a right to ask the company to buy the shares at a fair price, thus withdrawing from the company, which is called the "right of claim for share repurchase by the dissenting shareholders". The right of claim originated in the United States, after more than 100 years of development and evolution, has been adopted by most countries in the world, especially the relevant system of the United States is the most mature and perfect. This system aims at balancing the interests of majority shareholders and minority shareholders, and finally realizes the balance of equity and efficiency. It is a supplement and correction to "capital majority decision" and an effective measure to protect minority shareholders. In 2005, China introduced the "right of claim for share repurchase of dissenting shareholders" in the newly revised Company Law, which is undoubtedly a great progress. However, the legislation only provides for the right of share repurchase in principle, which lacks clarity and specificity, and is not strong in practice, so it needs to be further improved by legislation. Based on the basic principle of the claim right of dissenting shareholders' share repurchase, this paper makes a systematic analysis of the scope of application, exercise procedure and so on by comparing the provisions of China's Company Law with the legislative examples of various countries. According to the situation of our country and the current situation of legislation, this paper puts forward some suggestions on how to perfect the system of claim for share repurchase by dissenting shareholders, so that it can operate effectively under the background of current legislation and practice in our country.
【學(xué)位授予單位】:吉林大學(xué)
【學(xué)位級別】:碩士
【學(xué)位授予年份】:2011
【分類號】:D922.291.91
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