Let the Silent Speak:Perspective on Shareholders'Inquiry Right
The shareholders'inquiry right can not only alleviate the information asymmetry between various subjects,fully involving more shareholders in company decision-making,and improving the quality and efficiency of company management,but also monitor the directors,su-pervisors,and senior executives to perform their duties diligently.The new Company Law has not made any changes to the provisions of shareholders'inquiry right,which unfortunately still have many deficiencies,unveiling rough legislative systems,more emphasis on entities over proce-dures,and weak independence.Furthermore,many differences exist in judicial verdicts.There-fore,it is necessary to rethink the attribute of shareholders'inquiry rights,redefining it as a kind of shareholder right with inherent unique functions under the guise of the inspection rights,and improving the normative system of shareholders'inquiry right from four aspects:subject,con-tent,means,and relief.By doing so,the minority shareholders in the corner can be encouraged to break the silence and speak up,further"activating"the inquiry right.
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