是否可以通過過股權架構設計可保障公司控制權?
發布時間:2021-09-16 發布人:山東股章瀏覽次數:704次 來源:www.newadnetwork.com
企業家實現公司控制權的方式主要包括內部控制和外部架構控制,內部控制可以通過股權控制、協議和章程控制、董事會控制等方式實現,外部控制包括控股公司金字塔杠桿架構和有限合伙企業架構。
The ways for entrepreneurs to realize corporate control mainly include internal control and external structure control. Internal control can be realized through equity control, agreement and articles of association control, board of directors control, etc. external control includes pyramid leverage structure of holding company and limited partnership structure.
1、企業家通過股權實現控制權,一定知道的幾條股權比例線。
1. Entrepreneurs must know several equity proportion lines to realize control through equity.
企業要設計好股權架構、消除公司發展過程中控制權隱患,就要熟悉相關股權比例對控制權的影響。對于股東而言,持有不同比例的股權具有不同的意義。
Enterprises should be familiar with the impact of relevant equity ratio on control right if they want to design equity structure and eliminate the hidden dangers of control right in the process of company development. For shareholders, holding different proportions of equity has different meanings.
《公司法》中規定的幾個重要比例,是股權控制的“生命線”。
Several important proportions stipulated in the company law are the "lifeline" of equity control.
根據公司法規定,持有67%(三分之二)以上股權的股東享有對公司控制權,有權決定公司的一切事項;持有51%以上股權的股東享有對公司的相對控制權,有權決定公司的日常經營事務;持有公司34%(三分之一)以上的股東對公司重大事項享有一票否決權。
According to the company law, shareholders holding more than 67% (two-thirds) of the equity have the right to control the company and have the right to decide all matters of the company; Shareholders holding more than 51% equity have the relative control over the company and have the right to decide the daily business affairs of the company; Shareholders holding more than 34% (one third) of the company have one vote veto on major matters of the company.
所以,通過股權比例實現控制是簡單高能的控制方式。
Therefore, it is a simple and high-energy control mode to realize control through equity ratio.
2、一致行動協議、委托投票、公司章程可以有效幫助企業家實現公司控制權。
2. Concerted action agreement, entrusted voting and articles of association can effectively help entrepreneurs realize corporate control.
有些時候,企業的客觀實際情況(比如股東未來貢獻價值在創業初期無法確定)決定了企業的股權分配比例一開始就無法做到有明確的實際控制人,出現平分股權或者股權均衡的情況,這種情況下就只能通過股權控制以外的其他方式來解決前述問題帶來的公司沒有實際控制人的問題。
Sometimes, the objective actual situation of the enterprise (for example, the future contribution value of shareholders cannot be determined at the initial stage of Entrepreneurship) determines that the equity distribution proportion of the enterprise cannot have a clear actual controller at the beginning, resulting in equity sharing or equity balance, In this case, the problem that the company has no actual controller can only be solved by means other than equity control.
股東之間通過簽署一致行動協議可以實現股東在出現分歧時以誰的意見作為決策依據的問題,或者股東將投票權直接委托給其他股東行使,進而保證公司能夠有效決策,不陷入僵局。
By signing a concerted action agreement between shareholders, we can realize the problem of whose opinion shareholders take as the basis for decision-making in case of differences, or shareholders directly entrust their voting rights to other shareholders, so as to ensure that the company can make effective decisions without deadlock.
除此以外,有限責任公司根據《公司法》的規定,可以通過公司章程約定同股不同權方式,實現股權比例與表決權的分離,通過章程直接確定股東享有表決權的比例,依法實現對公司的控制,進而保障公司能快速有效決策。
In addition, according to the provisions of the company law, a limited liability company can agree on different rights of the same share through the articles of association, realize the separation of equity proportion and voting right, directly determine the proportion of shareholders' voting right through the articles of association, realize the control of the company according to law, and ensure that the company can make rapid and effective decisions.
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