Hao Xuguang: It should be more convenient for small w88 sports betting to exercise their rights
("People's Daily"2014-2-10 18version)
Why can major w88 sports betting infringe on the legitimate rights and interests of small and medium-sized w88 sports betting? How was it violated? How to prevent this violation?
“The strong position of large w88 sports betting relative to small and medium-sized w88 sports betting is an objective fact. After the share-trading reform, the conflict of interest between the two types of w88 sports betting still exists, but the way of the conflict has changed.”
Hao Xuguang, Professor of w88 casinoHas been engaged in research on securities market supervision for a long time. When talking about the protection of small and medium-sized investors, he raised a series of questions: An important part of protecting small and medium-sized investors is to protect their legitimate rights and interests as small and medium-sized w88 sports betting from being infringed by large w88 sports betting. The question is, why can major w88 sports betting infringe on the legitimate rights and interests of small and medium-sized w88 sports betting? How was it violated? How to prevent this violation?
He believes that the strong position of large w88 sports betting relative to small and medium-sized w88 sports betting is an objective fact. After the share-trading reform, the conflict of interests between the two types of w88 sports betting still exists, but the way of the conflict has changed. The main contradiction between w88 sports betting has changed from the conflict of equity liquidity to the conflict of share advantage, capital advantage and information advantage. The failure of protective rules such as classified voting systems poses challenges to how to protect the right of small and medium-sized w88 sports betting to speak and participate in the management of corporate affairs; listed companies are becoming increasingly active in mergers and acquisitions, posing challenges to how to prevent false and malicious acquisitions from harming the rights and interests of small and medium-sized w88 sports betting, etc.
"Since the strength of large w88 sports betting may pose a threat to the interests of small and medium-sized w88 sports betting, logically speaking, the rights of large w88 sports betting should be appropriately restricted, that is, the "capital-based" rights of large w88 sports betting should be restricted. "Hao Xuguang said.
He further explained that "majority rule of capital", that is, majority rule of shares, focusing on "money-oriented" is a relatively popular principle at present. However, this principle often makes the voting rights of small and medium-sized w88 sports betting meaningless. Large w88 sports betting sometimes use their capital advantages to manipulate the company for personal gain, infringing on the rights and interests of small and medium-sized w88 sports betting and stakeholders. In this case, "w88 sports bettingSubstantial equality11701_11785
How to achieve substantial equality of w88 sports betting? Hao Xuguang said that judging from international experience, the convenience of exercising rights is an important indicator to measure the degree of protection of the rights and interests of small and medium-sized w88 sports betting, and is also the basic path to implement the principle of substantial equality of w88 sports betting. Specifically, ensuring the convenience of exercising rights is an ex-ante mechanism to protect the rights and interests of small and medium-sized w88 sports betting. Small and medium-sized shareholder groups can use their voting rights to promptly respond to and form constraints on behaviors that may infringe on their interests.
He suggested that the convenience of small and medium-sized w88 sports betting joining together should be enhanced and convenient channels for collecting voting rights should be provided. Listed companies can set up corporate voting websites and make full use of computer and network technology to facilitate remote proposals and voting by small and medium-sized w88 sports betting, thereby facilitating small and medium-sized w88 sports betting to vote and reducing voting costs.
In addition, it is necessary to increase the voice of small and medium-sized w88 sports betting in director nominations and proposals, reduce the minimum share ratio requirements for proposals, so that more small and medium-sized investors can fully participate, extend the time for listed companies to announce relevant information such as convening w88 sports betting’ meetings, and improve the content and format requirements for information disclosure in announcements.
“Another very important point is to improve the relevant shareholder voting avoidance system, which stipulates that the approval of certain proposals must be obtained by small and medium-sized w88 sports betting. Under certain circumstances, small and medium-sized w88 sports betting can ask the company to repurchase their shares. Regulatory authorities should also have necessary regulations for listed companies. In the case of serious violations and malicious pursuit of the interests of small and medium-sized investors, listed companies must make corresponding compensation to small and medium-sized investors. "Hao Xuguang said.
Original report link address:
http://paper.people.com.cn/dnis/index.jsp
Reprinted by other media:
Qianlong.com:
http://finance.qianlong.com/30055/2014/02/10/7744@9377302.htm
BTVFinancial Channel:
http://finance.brtn.cn/20140210/ARTI1391994523068419_3.shtml
CCTV Securities Information Channel:
http://www.cctvzq.com/news/0102/119883.html
