公司治理中機構(gòu)投資者作用的法律思考
發(fā)布時間:2018-06-18 09:59
本文選題:機構(gòu)投資者 + 股東積極主義。 參考:《鄭州輕工業(yè)學院學報(社會科學版)》2015年06期
【摘要】:機構(gòu)投資者的興起深刻改變了公司治理的規(guī)則和證券市場的制度環(huán)境。傳統(tǒng)的公司治理難題是如何降低代理成本,以往的解決方式強調(diào)內(nèi)部監(jiān)督與外部監(jiān)督的并行,而機構(gòu)投資者的出現(xiàn)成為降低代理成本、監(jiān)督管理層的新希望。機構(gòu)投資者的行為特征使其擁有得天獨厚的監(jiān)督優(yōu)勢。相應(yīng)的制度設(shè)計應(yīng)該發(fā)揮機構(gòu)投資者的監(jiān)督作用,破除限制其行動的法律障礙,促使其積極行使股東權(quán)利:在機構(gòu)投資者的治理結(jié)構(gòu)中,應(yīng)賦予受托人以行使股東權(quán)利為內(nèi)容的忠實和勤勉義務(wù),同時,建立一套合理的成本分擔機制,建立完善的委托書征集與股東提案制度,以拓寬機構(gòu)投資者行使股東權(quán)利的途徑。
[Abstract]:The rise of institutional investors has profoundly changed the rules of corporate governance and the institutional environment of the securities market. The traditional corporate governance problem is how to reduce agency costs. The previous solutions emphasize the parallel between internal and external supervision, while the emergence of institutional investors has become a new hope to reduce agency costs and supervise management. Institutional investors have a unique supervisory advantage because of their behavioral characteristics. The corresponding institutional design should play a supervisory role of institutional investors, break down the legal barriers restricting their actions, and urge them to exercise their shareholder rights actively: in the governance structure of institutional investors, At the same time, we should establish a set of reasonable cost sharing mechanism, establish a perfect system of soliciting letters of attorney and shareholders' proposal system. In order to broaden institutional investors to exercise shareholder rights.
【作者單位】: 武漢大學法學院;
【分類號】:D922.287
【相似文獻】
相關(guān)期刊論文 前2條
1 裘有度;;機構(gòu)投資者參與公司治理法律問題探析[J];法制與社會;2007年03期
2 ;[J];;年期
相關(guān)重要報紙文章 前1條
1 記者 王國明;我國擬提高中外合資、合作醫(yī)療機構(gòu)準入門檻[N];中國工商報;2012年
相關(guān)碩士學位論文 前5條
1 胡s,
本文編號:2035085
本文鏈接:http://sikaile.net/jingjilunwen/zbyz/2035085.html
最近更新
教材專著