Proceedings of the 3d International Conference on Applied Social Science Research

Discussion and Analysis of External Corporate Creditors' Protection of Rights and Interests --- A Stakeholders Perspective

Authors
Shi Sun
Corresponding Author
Shi Sun
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.173How to use a DOI?
Keywords
shareholders, outside creditors, measures
Abstract
The limited liability system transfers risk from shareholders to the company creditors. Due to that shareholders participate in company internal governance, the shareholders are often in a dominant position in the company's internal information, while in many cases, creditors are in the environment of information asymmetry, which makes it hard for the interests of the creditors to be fully protected. Therefore, how to achieve the real equal rights and interests between shareholders and creditors This paper argues that there are three measures to solve this issue, including enhancing the participating degree of creditors in the corporate governance, improving the rights and interests protection system of passive creditors and perfecting the mechanism of credit rating.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.173How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Shi Sun
PY  - 2016/08
DA  - 2016/08
TI  - Discussion and Analysis of External Corporate Creditors' Protection of Rights and Interests --- A Stakeholders Perspective
BT  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
SP  - 622
EP  - 625
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.173
DO  - https://doi.org/10.2991/icassr-15.2016.173
ID  - Sun2016/08
ER  -