What are the ways for minority shareholders to participate in corporate governance?

Generally speaking, as shareholders, there are two main ways to participate in corporate governance:

One is to exercise the right to vote by attending the shareholders' meeting.

The second is to supervise the performance of the company's directors, managers and even supervisors by exercising the due supervisory power of shareholders. Specifically:

1. You can attend the shareholders' meeting and make your own decisions on the resolutions of the shareholders' meeting, such as the selection of directors and supervisors and the company's dividend distribution plan. This is the voting right of shareholders.

2. In order to prevent the board of directors from cronyism and abuse of power, preventive measures (such as voting rights, directors' right to recall and directors' right to stop illegal acts) can be taken in advance or remedial measures can be taken afterwards. Of course, the basis of implementing such preventive and remedial measures is that shareholders must have the right to know information about the company's business activities.

Extended data

Article 4 1 and 102 of the new Company Law:

Shareholders who hold or represent more than 65,438+00% of the voting rights may convene and preside over shareholders' meetings under certain conditions. When there is a controlling shareholder in the company, it is easy for the board of directors to manipulate the controlling shareholder. If the minority shareholders do not have this right, it means that the controlling shareholders decide whether to hold the shareholders' meeting.

According to Article 40 and Article 10 1 of the new Company Law, shareholders who individually or collectively hold more than (representative) 10% of the voting rights have the right to propose to convene an extraordinary general meeting of shareholders, but the contents are not limited to this. Give shareholders the right to propose proposals, give them the opportunity to convey their opinions and suggestions to the management and other shareholders, and make them more cautious in formulating policies, so as to prevent and control shareholders from abusing their control rights, promote the realization of shareholders' legitimate rights and protect the interests of minority shareholders.

In addition, the new Company Law also stipulates the protection system of minority shareholders' right to know, the cumulative voting system, the avoidance system of voting rights, the system of dissenting shareholders' right to buy back shares under certain circumstances, the right to request the court to dissolve the company under certain circumstances and the subrogation system.