Shares generally have the following three meanings:
1, shares are an integral part of the capital of a joint stock limited company;
2. Shares represent the rights and obligations of shareholders of a joint stock limited company;
3. The stock can express its value in the form of stock price.
Equity is a comprehensive right of personal rights and property rights enjoyed by shareholders of a limited liability company or a joint stock limited company. That is, equity is the right enjoyed by shareholders based on their shareholder qualifications to obtain economic benefits from the company and participate in the company's operation and management.
Equity is the share of shareholders' investment in start-up companies, that is, the equity ratio, which directly affects shareholders' right to speak and control the company and is also the basis of shareholders' dividend ratio.
In the Company Law, the rights of shareholders in a limited liability company use equity, and a joint-stock limited liability company uses shares.
Equity usually refers to the rights enjoyed by shareholders because of their capital contribution, and also refers to the proportion of shareholders' capital contribution in a limited liability company; Shares exist only in joint-stock companies, and belong to measurable shares.
Main classification of rights and interests
Generally speaking, the rights enjoyed by shareholders of a limited liability company mainly include the following two types:
1, self-interest right
That is, shareholders have the right to enjoy benefits based on their own contributions. For example, the right to share dividends, the right to distribute property when the company is dissolved, and the preemptive right when other shareholders do not agree to transfer their capital contribution. This is the right that shareholders exercise for their own interests.
2. Beneficial right * * *
That is, shareholders have the right to participate in the operation and management of the company based on their own capital contributions, such as voting rights, supervision rights, the right to request shareholders' meetings, and the right to consult accounting statements and account books. This is the right that shareholders exercise for the benefit of the company and also for their own benefit.
Specifically, the shareholders of a limited liability company enjoy the following rights:
1. Participate in the formulation and revision of the Articles of Association;
2. Attend the shareholders' meeting and exercise voting rights in proportion to the capital contribution;
3. Elect and be elected as directors and supervisors;
4. Consult the minutes of the shareholders' meeting and the company's financial and accounting reports;
5. Transfer the capital contribution in accordance with the Company Law and the Articles of Association;
6. Give priority to the capital contribution transferred by other shareholders;
7. Give priority to subscribe for the newly-increased capital of the company;
8. Supervise the company's production and business activities;
9. Divide dividends according to the proportion of capital contribution;
10. Distribute the remaining property of the company after bankruptcy, dissolution and liquidation according to law;
1 1. Other rights stipulated in the Articles of Association.
References:
Baidu encyclopedia stock right