优先股制度研究

【作者】 袁媛；

【导师】 胡鸿高；

【作者基本信息】 复旦大学 ， 民商法， 2008， 硕士

【摘要】 本文选取了目前在《公司法》中尚未正式规定,而在其他国家公司法领域早已通行的优先股为研究对象。通过对优先股的定义、特征、性质的介绍,对类别股东利益冲突和优先股股东权利保护所面临的法律问题的分析,并在国外关于优先股股东权利保护的立法和判例研究的基础上,为优先股股东权利的保护提供立法建议。全文分为四章。第一章“优先股概述”从优先股的定义入手,通过与普通股、公司债的比较,抓住优先股的本质特征。此外,由于优先股的一大特点在于权利设置的灵活性,所以本章中对优先股的类型进行了介绍。第二章“优先股的起源和历史”介绍了优先股在英美法系和大陆法系的起源和发展状况。由于优先股在美国最发达,所以本章中主要介绍了优先股在美国的发展变化,出现的问题及采取的解决措施。而大陆法系国家对英美法系国家公司立法的学习和借鉴也值得我们注意。基于第二章的历史介绍,笔者在第三章中总结并分析了优先股股东权利受到侵害的情形,并以美国为例,介绍了相应的法律救济手段。最后通过对国外.相关立法的研究和借鉴,在结论部分提出应该完善现行《公司法》,建立优先股制度,并对优先股股东权利保护提出若干立法建议。更多还原

【Abstract】 This paper chooses "Preferred stock", which is popular in the company law regime of western countries, but is still a vacuum of the Chinese company law, as the study object. Through an introduction to the definition, features and characteristics of preferred stock, and an analysis of the conflict of interests among class shareholders, which gives rise to the need for the protection of preferred shareholders, as well as a study of the legislation and cases in relation to preferred stock, this paper seeks to give a brief introduction to the preferred stock regime from both sides and propose to import it into the Chinese company law.This paper divides itself into four chapters. Chapter I functions as an overview of preferred stock. A comparison between preferred stock, common stock and company debt contributes to a better understanding of preferred stock. Chapter II deals with the origin and evolution of the preferred stock respectively in Anglo-American countries and civil law countries.Chapter III and IV are highlights of this paper. In Chapter III, the paper takes America, where the preferred stock is most developed, as a study example. It, in the beginning, makes a detailed analysis of the inherent conflicts of interests between preferred shareholder and common shareholders, based on which, it concludes the vulnerability of preferred shareholders. Then it discusses four most outstanding situations in which preferred shareholder are harmed by the board directors for the sake of common shareholders. To resolve these problems, American case law develops a lot of principles and methods. Some of them are also involved in the company laws, which we can learn from.In Chapter IV, the author alleges that preferred shares should be imported into the company law due to its significance to the perfection of Chinese company law and its contributions to corporate financing. On the basis of a comparative study on relevant legislations and case laws of other jurisdictions, the author comes up with several legislative proposals in relation to the preferred stock regime.更多还原