Joint Stock Company
236
1
4
This mind map introduces the Joint Stock Company from several aspects, shareholder’s general meeting, board of directors and supervisory board. Use EdrawMind to easily create your own diagrams.
Tags:
Similar Mind Maps
Outline


All investors of enterprise
Don't have chairman
Joining the meeting => all shareholders
Types of shareholders
Ordinary
Preference
Voting
Only founding shareholders
Hold 3 years -> become ordinary
Can vote, can't transfer, don't receive dividend
Dividend: receive more profit
Redeemable: company buy back before others
Others
Power: decide all issues
Issuing more share
How many shares, what kind of shares
Dividend
How much to pay
Buyback
≥ 10 - ≤ 30% of sold shares
Meeting conduction:
1st: >50% of total votes
2nd: ≥ 33% of total votes
3rd meeting: irrespective
Decision making:
Preference shareholder rights
≥ 75% of total such preference shares
Special case
≥ 65% of attending voted
Normal case
>50% of attending votes
Elect new member of BOD/ SB
Cumulative vote

Chosen by SGM
Can have 20% independent member -> work free, for their reputations
Power of BoD:
What are already approved by shareholder general meeting
BoD want to do sth outside the plan/ invest more than 50% of capital
BOD can convene an emergency meeting
BoD do sth which SGM don't approve
BoD can be sue by SGM
Issuing more shares: price of share
Dividend: when to pay, how to pay
Buyback: <10% of the sold shares
Meeting conduction:
1st: >= ¾ total member
2nd: >½ total member
Decision making: >½ attending members
Chairman of BoD: decided by BOD
Convene meeting hold by BOD and SGM
Vote chairman: >½ of attending members

Optinal
