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Being the chairman of the board of directors of a company is not directly related to the percentage of shares owned in the company.
Most private enterprises are controlled by the boss, of course, in most cases, the boss is also the chairman;
However, companies such as Huawei, which operate in a standardized manner and develop relatively scientifically, were still elected as the chairman of the board of directors although Sun Yafang held very little shares;
In listed companies, the chairman of the board of directors is generally elected and appointed in accordance with the articles of association.
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One share can also be the chairman of the board, but the chairman is elected by the board of directors, and the board of directors is decided by the shareholders' meeting, so the election of directors needs the support of shareholders, and major shareholders certainly hope that they or their own interest spokespersons are elected as directors of the company, so shareholders with more shares are more likely to be elected as directors and chairman of the company.
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The chairman is elected by the board of directors, and it is not very important how many shares he has.
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Legal Analysis: The founders of a company do not have to be majority-owned. There is no clear restriction on the founder's shareholding, but as a decision-maker, the share must account for the majority, so that it can be controlled and have the right to speak.
The simplest method, divided by the proportion of capital contribution; However, it is best not to make an average contribution, and the leader must have a little more relative capital contribution to form a relative holding, so as to have a backbone; Otherwise, it will be difficult to deal with the problem if there is a difference of opinion during the later operation period. If the form of capital contribution includes capital, technical, managerial or other non-capital contributions, and the capital contributor does not participate in the management of the company, it is better to let the person who actually manages the company control more shares. No matter what the company's shareholder structure is, it is necessary to formulate a standardized company's articles of association and formulate the company's decision-making procedures.
That is, the manager of the company is not a major shareholder, but the articles of association of the company give the manager greater decision-making power, which is also acceptable. A good model would be as follows: Decision makers:
More than 67%, accounting for two-thirds. There are two barriers to control, 50% (most things) and two-thirds (absolute control, everything).
Legal basis: Article 103 of the Law of the People's Republic of China on the Consumption of Companies and Companies: Shareholders attend the general meeting of shareholders and have one voting right for each share they hold. However, the shares of the Company held by the Company do not have voting rights.
Resolutions made at a general meeting of shareholders must be passed by a majority of the voting rights held by the shareholders present at the meeting. However, the resolution of the general meeting of shareholders to amend the articles of association, increase or decrease the registered capital, as well as the resolution of the merger, division, dissolution or change of the form of the company, must be passed by more than two-thirds of the voting rights held by the shareholders present at the meeting.
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Summary. Hello, I am happy to answer for you, Generally speaking, shareholders who own 20% of the company's shares are entitled to the following privileges: 1
Participate in corporate voting. The Corporate Law stipulates that each share is entitled to one vote to determine decisions regarding the company's policies and management. 2.
Company dividends. Based on the company's earnings, the company will pay dividends to shareholders, which is equivalent to a return on investment. Depending on the shares held, shareholders are eligible for dividends.
3.Access to further financing. Depending on the shares held, shareholders are entitled to further financing, such as debt financing or equity financing of the company.
Hello, I am glad to answer for you, Generally speaking, shareholders who own 20% of the company's shares are entitled to the following privileges: 1Participate in corporate voting.
The Corporate Law stipulates that each share is entitled to one vote to determine the decisions governing the company's policies and management. 2.Company dividends.
Based on the company's earnings, the company will pay dividends to shareholders, which is equivalent to a return on investment. Based on the shares held, Pat Pose shareholders are eligible for dividends. 3.
Access to further financing. Depending on the shares held, shareholders are entitled to further financing, such as debt financing or equity financing of the company.
Relevant legal basis: According to Article 141 of the Company Law of the People's Republic of China, shareholders of the company enjoy the rights and interests of the company in proportion to the proportion of their shares. Therefore, shareholders holding 20% of the company's shares will have ownership of about 20% of the value of their assets, and these rights include shares, dividends, voting rights, and voting rights on the company's accounting and financial condition.
At the same time, the Company Law of the People's Republic of China also stipulates that shareholders are entitled to any profits, dividends or other benefits paid by the company, so that shareholders holding 20% of the company's shares are entitled to any profits, dividends or other benefits equivalent to 20% of the company's remuneration. In addition, according to the Civil Code of the People's Republic of China, shareholders of the company also have the right to vote in the relevant affairs of the company, as well as the right to review the financial status of the company's lead Hongfan.
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Summary. The relevant legal basis for you is as follows: Article 4 of the Company Law of the People's Republic of China, shareholders of the company enjoy the rights of asset returns, participation in major decision-making and selection of managers in accordance with the law.
Shareholders have the right to inspect and copy the articles of association, the minutes of the shareholders' meeting, the resolutions of the board of directors, the board of supervisors, and the financial and accounting reports. Shareholders may request to inspect the company's accounting books. If a shareholder requests to inspect the company's accounting books, he or she shall submit a written request to the company stating the purpose.
If the company has a reasonable basis to believe that the shareholder's inspection of the accounting books has an improper purpose and may harm the legitimate interests of the company, it may refuse to provide the inspection, and shall reply to the shareholder in writing and explain the reasons within 15 days from the date of the shareholder's written request. If the company refuses to provide access, the shareholders may request the people's court to require the company to provide access.
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The rights enjoyed by Napai, who holds 20% of the company's shares, include sharing in the company's revenues and voting on important matters such as the company's absolute lease.
The legal analysis made by Qinqin for you is as follows: <>
The provisions of the Company Law on equity rights and interests in the <> Company include the right to inspect and copy the articles of association, the minutes of the shareholders' meeting, the resolution of the board of directors, the resolution of the board of supervisors, and the financial and accounting reports; Shareholders receive dividends in proportion to their paid-in contributions; When the company increases its capital, the shareholders have the right to subscribe for capital contributions in accordance with the proportion of their paid-in capital contributions.
The relevant legal basis for you is as follows: Article 4 of the Company Law of the People's Republic of China, shareholders of the company enjoy the rights of asset returns, participation in major decision-making and selection of managers in accordance with the law. Article 33 Shareholders have the right to inspect and copy the articles of association, the minutes of the shareholders' meeting, the resolutions of the board of directors, the board of supervisors, and the accounting reports of the financial department.
Shareholders may request to inspect the company's accounting books. If a shareholder requests to inspect the company's accounting books, he or she shall submit a written request to the company stating the purpose. If the company has a reasonable basis to believe that the shareholder's inspection of the accounting books has an improper purpose and may harm the legitimate interests of the company, it may refuse to provide access to the report, and shall reply to the shareholder in writing and explain the reasons within 15 days from the date of the shareholder's written request.
If the company refuses to provide inspection, the shareholder may request the court of repentance to request the company to provide inspection.
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