应让中小股东更好发声

Core Viewpoint - The article highlights the disrespect shown by some listed companies towards minority shareholders, emphasizing the importance of their participation in corporate governance and decision-making processes [1][2]. Group 1: Company Governance - Some listed companies treat shareholder meetings as mere formalities, often disregarding the rights and opinions of minority shareholders [1]. - The actual controllers of these companies tend to dominate major decisions, leading to a lack of respect for minority shareholder interests [1][2]. - Effective corporate governance requires acknowledging the contributions of minority shareholders, who are essential for the company's capital and governance structure [1]. Group 2: Legal Framework - The Company Law and the Guidelines for Corporate Governance explicitly outline the rights of shareholders, ensuring that all shareholders, regardless of their stake, have the right to participate in decision-making [2]. - The current A-share market has a total market value exceeding one trillion yuan, with around 240 million investors, highlighting the need for respect for shareholder rights and effective governance [2]. Group 3: Role of Minority Shareholders - Minority shareholders are encouraged to enhance their awareness of their rights and actively participate in corporate governance, using legal means to protect their interests [3]. - The article calls for a more balanced approach to governance that values long-term interests and fair treatment of all shareholders [2][3]. Group 4: Regulatory Recommendations - Regulatory bodies are urged to strengthen the governance mechanisms of listed companies, making it easier for minority shareholders to propose, vote, and participate in meetings [2]. - There is a need for timely accountability for companies that suppress minority shareholder voices or deny them access to meetings [2].