Shareholder Activism And Rights Protection Of Minority Shareholders

With the development of capitalist market in China,small and medium investors,composed of individual investors and non-controlling shareholder's institutional investors,are developing more and more,as an important source of funds in the securities market,the interest protection of small and medium investors has become the focus of research in China.With the protection of small and medium investors in the environment of policy system gradually strengthened,the awareness of the rights of small and medium-sized investors is gradually awakened,especially with the development of institutional investors in China,shareholder activism in China,small and medium-sized investors began to actively participate in and improve corporate governance,become the company's active shareholders and get enough Fundamentally changing the situation in which investors ' own interests are impaired.However,there are still some problems in the practical application of shareholder activism in China.Therefore,based on the basic theoretical analysis of shareholder activism,this paper analyzes the case of minority shareholder rights protection of the FAW Car company,introduces the status quo of minority investors ' right to protect under the active shareholder activism,and proves the positive role of shareholder activism in protecting the rights and interests of small investors in China,It is pointed out that promoting shareholder activism in China is of great significance to the protection of the rights and interests of small investors.This paper takes the FAW Car company minority shareholder rights as a case study,using the case research method,discussing the mechanism of shareholder activism and the protection effect of small investors ' rights and interests.The research shows that with the constant development of shareholder activism,the awareness of small and medium investors in our country is becoming more and more aware of the importance of actively exercising their rights and actively participating in corporate govemance.But at the same time,because of the small investors ' own professional ability and the limitation of information,and the imperfect policy,the positive behavior of small investors is hard to protect their rights and interests.From this point of view,this paper puts forward some suggestions on the protection of minority investors'rights and interests under the shareholder activism,mainly including arousing the self-protection consciousness of the medium and small investors,stimulating the shareholder activism and ensuring the effect of the positive behavior of the two aspects,The expectation can provide some experience for promoting the development of shareholder activism in China and protecting the rights and interests of small investors.