Discussion and Analysis of External Corporate Creditors' Protection of Rights and Interests --- A Stakeholders Perspective
Available Online August 2016.
- https://doi.org/10.2991/icassr-15.2016.173How to use a DOI?
- shareholders, outside creditors, measures
- 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.
- 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 -