전자등록제도와 주주총회-주권 무권화와 의결권분리 현상을 고려하면서-

It is not entirely unauthorized to cover all the securities of all companies, but at least for the listed stock, all transactions are subsumed by the electronic registration system, and the issuance and distribution information about them is also created and concentrated in the electronic registration system. The electronic registration law will contribute to enhancing the transparency of securities transactions. If the institutional basis is further advanced and the information generated and concentrated in the electronic registration system is collected in almost real time and shared on a regular basis, it became a breakthrough opportunity to maximize the advantages of the unauthorized use in terms of transparency of securities transactions will be. I am disappointed that this legislation has not reached this stage, but I understand that it is the result of considering the burden of rapid change and the acceptance of the concerned parties at the beginning of the introduction of the system, and I expect that there will be progress in the near future. In this paper, we examine the legal problems in the implementation of the electronic registration system for information disclosure and stocks as a critical element in enhancing the transparency of securities transactions, and analyzed the system shown in the Electronic Registration Law, paying attention to two aspects of ease of exercise of minority shareholders' rights. We have focused on examining the limitations of the legal status of issuers, shareholders, and lienes of electronic registered stocks in terms of information access under the electronic registration system and suggesting alternatives to them. In addition, we discussed the question raised concerning the exercise of minority shareholders' rights in relation to the shareholder list system and suggested the necessary system maintenance plan.