科创板差异化表决机制的引入风险及防范  

Risks in the Introduction of Differentiated Voting Mechanism to Sci-tech Innovation Board and Preventive Measures

作　　者：王萍萍 WANG Pingping(Law School, Anhui University, Hefei 230601, China)

机构地区：[1]安徽大学法学院,合肥230601

出　　处：《合肥工业大学学报（社会科学版）》2020年第4期32-37,共6页Journal of Hefei University of Technology(Social Sciences)

摘　　要：相较于同股同权的公司治理结构,差异化表决机制能够更好地契合企业“巨额融资”与“保持控制权”的双重需求。文章阐述了差异化表决机制的实质,分析了目前科创板差异化表决机制的引入风险,并比较借鉴了典型英美法系国家的美国和典型大陆法系国家的日本的经验,最后为这一制度的本土化提出了针对性的风险防范措施。Compared with the corporate governance structure with equal shares enjoying equal rights,the differentiated voting mechanism can better meet the needs of huge financing and keeping control.Through the analysis of the essence of the differentiated voting mechanism,this paper discusses the risks in introducing the differentiated voting mechanism to the sci-tech innovation board,and tries to draw on the experience of the United States and Japan,the representatives of the common law and civil law countries,respectively.Finally,a series of targeted risk preventive measures for the localization of this mechanism are proposed.

关 键 词：差异化表决机制 引入风险 比较研究 防范措施 

分 类 号：D923.99[政治法律—民商法学]