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《Securities Market Herald》 2012-01
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Shareholder Proposal Right System:The USA Legislation and Inspiration

Wu Jian  
shareholder proposal right allows shareholders to propose in the general meetings of shareholders under certain circumstance,which let shareholders get more actively involved in company management.The United States is the first country in the world to establish such a system,and after nearly 70 years of development,many provisions have been quite perfect: the requirements for the shareholders who propose are clear;the form of the proposal itself is clearly and operationally defined;there is a strong constraint in proposal process and breach of the provisions for companies.In contrast,our shareholder proposal system has deficiencies in the aspects as shareholder proposal eligibility,proposal form,proposal exclusion and relief.Based on the U.S.experience and inspiration in the corresponding area,some suggestions to improve our shareholder proposal right system have been proposed in this paper.
【Fund】: 上海市第三期重点学科:经济法学(S30902)的阶段性研究成果
【CateGory Index】: D922.29;D971.2
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