Author(s)

Lin Quan

Corresponding Author

Lin Quan

Abstract

Although the acquisition of a listed company is manifested as a stock transaction between the acquirer and the management of the target company, it lurks a variety of potential damages to the interests of small and medium shareholders of target companies. Therefore, in order to effectively protect the rights and interests of small and medium shareholders, it is necessary to improve the existing legal requirements. Based on the author's learning and practical experience, this work first analyzed the necessity for listed companies to acquire the rights and interests of small and medium shareholders, then analyzed the problems existing in current cumulative voting system of China, and finally put forward measures to protect the interests of small and medium shareholders in the acquisition of listed companies.

Keywords

Acquisition; Listed companies; Interest protection; Small and medium shareholders