Legal Research On Listed Company Bankruptcy And Reorganization Of Protection Of Minority Shareholders’ Rights

The bankruptcy reorganization system is a system innovation that takes into account the interests of creditors while actively rescuing the debtors and promoting their recovery.The emergence of the bankruptcy reorganization system provides a better solution and legal basis for solving the protection of creditors ’interests and helping the development of enterprises.Since its promulgation and implementation,the system has been increasingly used in resolving business difficulties and debt crises,and has made tremendous contributions in maintaining social resources and helping local economic development.However,due to the negligence of details of the current laws and the related supporting laws and regulations to be improved,the bankruptcy reorganization system in some aspects still cannot clearly guide the current judicial practice.Listed companies,as the largest and most profitable group among many enterprises in China,have certain uniqueness.However,the "Corporate Bankruptcy Law" does not make specific provisions for this group in terms of legal application,which will reorganize the bankruptcy of listed companies.The protection of relevant interest groups in China forms certain legal obstacles.This article takes the protection of minority shareholders’ rights of listed companies as the perspective,based on combing and analyzing the overview and characteristics of listed companies in the process of bankruptcy reorganization in China,and combining domestic and foreign literatures and documents,to resolve the judicial practice of bankruptcy reorganization of minority shareholders The advanced theories of predicament are integrated,and on this basis,highly feasible and enlightening suggestions are proposed.This article has a relatively new perspective.By analyzing the current state of bankruptcy and reorganization of justice in China,it finds the deep-seated causes of the dilemma in the protection of minority shareholders ’rights.Ways,standardize the bankruptcy and reorganization procedures from the legal system,and establish minority shareholder rights protection measures from the process system,and finally made a prospect for the development of the legislation of minority shareholder rights of listed companies in China.