Research On The Exclusion System Of Directors' Voting Rights In Limited Companie

As China's market economy becomes more and more mature in the modern development,the company's position in the market economy is becoming more and more important,thus the problem of corporate governance is the most important and vital to the management of the company.At present,"board centralism" has become the trend of the times.The importance of further regulation and perfection of board functions is obvious.The Limited by Share Ltd,as the most important part of our country's company type,is an indispensable system in the governance of the Limited by Share Ltd,especially the board of directors.With the further development of the market economy,the company's decision making institutions of our country have gradually changed from the "shareholder centralism" of the past to the centralism of the board of directors.Although it has not been fully developed into the board centralism,the board system of the Limited by Share Ltd in China has exposed many defects,and the problem of board governance has been numerous and the influence on the function of the board of directors is obvious.Therefore,it is necessary to make a further completion of the system of voting exclusion of the directors in time.Good.In view of the current relevant legislation in our country,although there are relevant regulations about the elimination system of voting rights of the directors,the regulations are mostly too general and simple.The exclusion of applicable subjects is limited to listed companies,and there is no complete identification and audit subject,relief mechanism and so on.This article is based on the legal provisions of the current voting rights exclusionary system of the directors in our country,and makes a comparative analysis on some other countries'reference to the voting rights exclusion system of the directors in other countries.Finally,it puts forward the practice and the improvement of the voting rights exclusion system of the Limited by Share Ltd in our country.Suggestions for pertinence and maneuverability.The overall intention of this paper is to build a relatively full and complete system of directors' voting rights system suitable for China's Limited by Share Ltd,so as to protect the interests of the small and medium shareholders and companies more effectively,and ensure the good and effective management and management of the company.