| 1. | Basically , if a majority shareholder sells their stake , then the minority shareholder has the right to join the transaction and sell their minority stake in the company
基本上，如果多数股东出售其股权，少数股东有权加入交易，出售持有的公司少数股权。 |
| 2. | Whereas , majority shareholders may misuse their controlling position to squeeze out minority shareholders in lack of effective mechanism of supervision and balance
然而在缺乏有效的监督和制衡机制的情况下，多数股东往往滥用控制地位，侵害小股东利益。 |
| 3. | Intimidated by the foregoing system , the board of directors has to be as careful as possible on its decision , which the board of directors hopes to be supported by most of the shareholders
作为保护中小股东使其免受多数股东排挤的制度之一,异议股东股份收买请求权制度在国外已经发展较为成熟,具有可行性强、易于移植等特点。 |
| 4. | In the first place , the right was intended to compensate the minority shareholders for the loss of veto by providing them with a fair cash exit and therefore to extricate the majority shareholders out of the requirement of unanimous consent
该权利最初是为了补偿少数股东期待权的落空，为其提供公平退出的途径，从而将多数股东从“一致同意原则”中解脱出来。 |
| 5. | Appraisal remedy gives dissenting shareholders the option to sell their shares back to the company for fair value following certain fundamental corporate changes , such as merger , the sale or exchange of all or substantially all of assets of company
评估补偿权制度是多数股东就法律规定的某些重大交易，如合并、重大资产买卖等事项通过决议时，给予反对该交易的持异议股东通过获得现金补偿退出公司的救济机制。 |
| 6. | Deeply rooted in the equality of shareholders ， the appraisal rights originated from the case law of 19th century america , with the purpose to balance the conflicting interests of majority shareholders and minority shareholders , and hereby to realize the equilibrium of both justice and efficiency
根植于股东平等的异议股东股份收买请求权源于十九世纪美国判例法，旨在平衡多数股东和少数股东的利益，并最终实现公平与效率价值的平衡。 |
| 7. | With legal protection for the group enterprises , the maximum beneficiary are the controlling companies and their majority stockholders because the natural superiority of the controlling companies over the dependent ones creates most easily the chances to harm the rights and interests of the latter
法律对企业集团的保护，最大的收益者是控制公司和公司中的多数股东，控制公司对从属公司的这种天然优势，极易造成控制公司侵害从属公司权益的机会。 |
| 8. | As a mechanism designed to protect minority shareholders from being squeezed out , appraisal right is highly developed in western countries and is of great feasibility . whereas there are many cases in china where minority shareholders were controlled or squeezed by the majority shareholders , it ' s of great significance to do research on such appraisal remedy
作为保护小股东使其免受多数股东排挤的制度之一，股份评估补偿权制度在国外已经发展较为成熟，具有可行性强、易于移植等特点，在目前我国中小股东倍受控制股东操纵排挤的情况下研究和借鉴该制度有重要意义。 |
| 9. | It doesn ’ t only meet the need of the shareholders who are controlling the corporation indeed , but also protect the dissentient shareholders , who are helpless in self - protection and want to get their money back legally , the system of the appraisal right of dissentient shareholders is the final protection
为了适应经济发展,追求决策效率, “资本多数决原则”成为公司法的普遍原则。然而在缺乏有效的监督和制衡机制的情况下,多数股东往往滥用控制地位,侵害中小股东利益。 |
| 10. | The system of the appraisal right of dissentient shareholders is introduced , and the basis of the system is analyzed in this paper . the author claims that the system of the appraisal right of dissentient shareholders should be perfected in our corporate law . this paper contains three parts
异议股东股份收买请求权制度是多数股东就法律规定的某些重大交易,如合并、重大资产买卖等事项通过决议时,给予反对该交易的持异议股东通过获得现金补偿退出公司的救济机制。 |
