创始股东权益保护探究____以国美控制权之争案为例.pdfVIP

国美控制权之争案的启示 内容摘要 国美电器控制权之争一案是近年来有关公司法的一个轰动性事件。关于该事件的前 因后果、来龙去脉，学者们有广泛关注与讨论。 本文以国美控制权之争为例，希望通过对创始股东权益受损原因的深入分析，能够 为创始股东权益保护提供一些可供参考的对策。本文除引言外，正文分为两大部分： 第一部分，创始股东权益受损的原因。由于章程设计的缺陷，导致股权结构安排不 合理、股东会过度授权、董事会构成及运行机制不合理，是创始股东权益受损的首要原 因。因职业经理人的执行行为的偏差，导致章程设计的公司运行规则变异、个别股东权 益受损，是次要原因。 第二部分，保护创始股东权益的对策。可以采取 “设置双重股”、合理授权董事会、 保留“一票否决权”、以及合理安排董事会构成以及运行机制四项具体措施，合理设置 章程。应当规制职业经理人的行为，避免章程在具体执行时产生偏差。 关键词：国美公司；控制权；创始股东；章程；职业经理人 1 国美控制权之争案的启示 Abstract Recently the battle for control right of GOME has received more and more attention and discussion. Although GOME is under the constraint of Hong Kong company law, due to the fact that it’s main market is based in the mainland China, it mirrors Chinese companies in aspects of operation. We should focus and reflect on the interests’ protection problem of founding shareholders. On paper the interests protection problem of founding shareholders, we aim to analyze the reason for compromised interests of founding shareholders and provide some solutions for protecting interests of founding shareholders. The methodology of qualitative analysis and literature review are applied. The main body is divided into two parts excluding introduction: The first part is about the analysis on the reason for compromised interests of founding shareholders. Firstly, there are some faults on constitution design, including unreasonable arrangement of stock rights structure, excessive authorization of board of shareholders and unreasonable constitution of board of directors and operating mechanism; secondly, the reason lies in the bias in constitution operation,