股份回购中中小股东利益的法律保护

股份回购在成熟的资本市场是一项重要的金融活动 ,而在我国还仅仅是一种金融创新行为。股份回购中 ,控股股东经常凭借其地位优势和资金优势 ,滥用控制权损害中小股东的利益。因此 ,我国在股份回购立法中 ,应坚持股东平等、公开披露等原则 ,加强对中小股东事前和事后的法律保护。如明确控股股东的诚信义务、完善股东大会决议制度、建立异议股东的股份收买请求权等 ,从而保证中小股东在受到损害时能获取救济的权利

On Legal Protection of Minority Stockholders'''' Interests in Stock Repurchase

Stock repurchase, a common capital management scheme in the mature capital market, is still a financial innovation in China. In practicing stock repurchase, minority stockholders' interests are very easy to be infringed by controlling stockholders. Therefore, the principles of equality among stockholders and information disclosure should be observed in the legislation of stock repurchase. Some legal measures before and after the stock repurchase, such as fiduciary duty of controlling stockholders, exclusive voting right and appraisal right of dissenters should be taken to protect the interests of minority stockholders.