股份评估补偿权法律制度研究-国际法专业论文.docxVIP

内容提要 为了适应经济发展 追求决策效率 资本多数决原则成为公司法的普遍原 则 然而在缺乏有效的监督和制衡机制的情况下 多数股东往往滥用控制地位 侵害小股东利益 作为保护小股东使其免受多数股东排挤的制度之一 股份评估 补偿权制度在国外已经发展较为成熟 具有可行性强 易于移植等特点 在目前 我国中小股东倍受控制股东操纵排挤的情况下研究和借鉴该制度有重要意义 评估补偿权制度是多数股东就法律规定的某些重大交易 如合并 重大资 产买卖等事项通过决议时 给予反对该交易的持异议股东通过获得现金补偿退出 公司的救济机制 本文从该制度的含义 特点 由来和发展 作用 适用范围 适用程序 公平价值的含义和确定方法以及该制度的排他性等方面对该制度作了 较为系统的研究 并结合我国的立法现状提出了构建我国股份评估补偿权的构 想 在讨论具体制度时 笔者从学者的争论 立法的差异 判例法的不同诠释 和发展的角度重点关注了该制度不断完善的过程 评估权适用范围的扩大 行使 程序中公司义务的增加 公平价值的解释上取消了不利于小股东的折扣理论等 等 每一次重大改进都为异议小股东提供了更为周全的保护 主题词 股份评估补偿权 异议股东 公平价值 评估方法 ABSTRACT To keep pace with the economic development and guarantee the efficiency in decision making, majority voting rule has been accepted as one of the general principles in corporate law area. Whereas, majority shareholders may misuse their controlling position to squeeze out minority shareholders in lack of effective mechanism of supervision and balance. As a mechanism designed to protect minority shareholders from being squeezed out, appraisal right is highly developed in western countries and is of great feasibility. Whereas there are many cases in China where minority shareholders were controlled or squeezed by the majority shareholders, it’ s of great significance to do research on such appraisal remedy. Appraisal remedy gives dissenting shareholders the option to sell their shares back to the company for fair value following certain fundamental corporate changes, such as merger, the sale or exchange of all or substantially all of assets of company. This paper do an overall research on such appraisal remedy on such aspects as its connotation, origin, characteristics, fair value, applied area, procedure, the valuation methods and exclusiveness, etc. This paper focused on the developments of the mechanism by discussing different opinions of scholars, differences in legislation of states and countries, and interpretation and development of the remedy by courts. By enlargement of the applied area of the remedy, increase of duties of company during the pro