{"id":60951,"date":"2023-12-08T20:23:35","date_gmt":"2023-12-08T11:23:35","guid":{"rendered":"https:\/\/monolith.law\/cs\/?p=60951"},"modified":"2024-01-29T15:48:23","modified_gmt":"2024-01-29T06:48:23","slug":"the-importance-of-maintaining-shareholding-ratio","status":"publish","type":"post","link":"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio","title":{"rendered":"Jak\u00fd je vztah mezi pod\u00edlem akci\u00ed a pr\u00e1vy akcion\u00e1\u0159\u016f?"},"content":{"rendered":"\n<p>V r\u00e1mci smluv, jako jsou investi\u010dn\u00ed smlouvy, m\u016f\u017ee b\u00fdt stanoveno ustanoven\u00ed t\u00fdkaj\u00edc\u00ed se po\u010dtu akci\u00ed, kter\u00e9 jsou vyd\u00e1v\u00e1ny, kdy\u017e investo\u0159i jako VC investuj\u00ed do akciov\u00e9 spole\u010dnosti. Vyd\u00e1n\u00ed akci\u00ed ovlivn\u00ed pod\u00edl akcion\u00e1\u0159\u016f na vlastnictv\u00ed, co\u017e je d\u016fle\u017eit\u00e1 z\u00e1le\u017eitost ovliv\u0148uj\u00edc\u00ed \u0159\u00edzen\u00ed akciov\u00e9 spole\u010dnosti. Proto je t\u0159eba pe\u010dliv\u011b zv\u00e1\u017eit, jak se pod\u00edl na vlastnictv\u00ed zm\u011bn\u00ed vyd\u00e1n\u00edm akci\u00ed a jak\u00fd to bude m\u00edt dopad na \u0159\u00edzen\u00ed spole\u010dnosti. V tomto \u010dl\u00e1nku vysv\u011btl\u00edme d\u016fle\u017eitost udr\u017een\u00ed pod\u00edlu na vlastnictv\u00ed.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Co_je_to_podil_akcii\" title=\"Co je to pod\u00edl akci\u00ed?\">Co je to pod\u00edl akci\u00ed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Jak_ovlivnuje_podil_akcii_prava_akcionaru\" title=\"Jak ovliv\u0148uje pod\u00edl akci\u00ed pr\u00e1va akcion\u00e1\u0159\u016f?\">Jak ovliv\u0148uje pod\u00edl akci\u00ed pr\u00e1va akcion\u00e1\u0159\u016f?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Pokud_akcionar_vlastni_alespon_jednu_akcii\" title=\"Pokud akcion\u00e1\u0159 vlastn\u00ed alespo\u0148 jednu akcii\">Pokud akcion\u00e1\u0159 vlastn\u00ed alespo\u0148 jednu akcii<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Pokud_je_podil_akcii_alespon_1_1100\" title=\"Pokud je pod\u00edl akci\u00ed alespo\u0148 1% (1\/100)\">Pokud je pod\u00edl akci\u00ed alespo\u0148 1% (1\/100)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Pokud_je_podil_akcii_alespon_3\" title=\"Pokud je pod\u00edl akci\u00ed alespo\u0148 3%\">Pokud je pod\u00edl akci\u00ed alespo\u0148 3%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Pokud_podil_akcii_prekroci_tretinu\" title=\"Pokud pod\u00edl akci\u00ed p\u0159ekro\u010d\u00ed t\u0159etinu\">Pokud pod\u00edl akci\u00ed p\u0159ekro\u010d\u00ed t\u0159etinu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Pokud_akcionar_vlastni_vetsinu_hlasovacich_prav\" title=\"Pokud akcion\u00e1\u0159 vlastn\u00ed v\u011bt\u0161inu hlasovac\u00edch pr\u00e1v\">Pokud akcion\u00e1\u0159 vlastn\u00ed v\u011bt\u0161inu hlasovac\u00edch pr\u00e1v<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Jaky_podil_akcii_je_treba_udrzovat_pro_zachovani_ridicich_prav\" title=\"Jak\u00fd pod\u00edl akci\u00ed je t\u0159eba udr\u017eovat pro zachov\u00e1n\u00ed \u0159\u00edd\u00edc\u00edch pr\u00e1v\">Jak\u00fd pod\u00edl akci\u00ed je t\u0159eba udr\u017eovat pro zachov\u00e1n\u00ed \u0159\u00edd\u00edc\u00edch pr\u00e1v<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Postup_v_pripade_ze_podil_akcii_nepresahuje_dve_tretiny\" title=\"Postup v p\u0159\u00edpad\u011b, \u017ee pod\u00edl akci\u00ed nep\u0159esahuje dv\u011b t\u0159etiny\">Postup v p\u0159\u00edpad\u011b, \u017ee pod\u00edl akci\u00ed nep\u0159esahuje dv\u011b t\u0159etiny<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Jak_ziskat_financovani_bez_ovlivneni_podilu_na_vlastnictvi\" title=\"Jak z\u00edskat financov\u00e1n\u00ed bez ovlivn\u011bn\u00ed pod\u00edlu na vlastnictv\u00ed\">Jak z\u00edskat financov\u00e1n\u00ed bez ovlivn\u011bn\u00ed pod\u00edlu na vlastnictv\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/the-importance-of-maintaining-shareholding-ratio\/#Shrnuti\" title=\"Shrnut\u00ed\">Shrnut\u00ed<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Co_je_to_podil_akcii\"><\/span>Co je to pod\u00edl akci\u00ed?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pod\u00edl akci\u00ed je pom\u011br akci\u00ed, kter\u00e9 vlastn\u00ed akcion\u00e1\u0159 ur\u010dit\u00e9 akciov\u00e9 spole\u010dnosti, v\u016f\u010di celkov\u00e9mu po\u010dtu vydan\u00fdch akci\u00ed t\u00e9to spole\u010dnosti. Nap\u0159\u00edklad, pokud akciov\u00e1 spole\u010dnost A vydala 1000 akci\u00ed a akcion\u00e1\u0159 X vlastn\u00ed 500 akci\u00ed, pak je pod\u00edl akci\u00ed akcion\u00e1\u0159e X v akciov\u00e9 spole\u010dnosti A roven 500 akci\u00ed \u00f7 1000 akci\u00ed \u00d7 100 = 50%. Jednodu\u0161e \u0159e\u010deno, pod\u00edl akci\u00ed ukazuje, jak\u00fd pod\u00edl akci\u00ed spole\u010dnosti vlastn\u00ed akcion\u00e1\u0159.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Jak_ovlivnuje_podil_akcii_prava_akcionaru\"><\/span>Jak ovliv\u0148uje pod\u00edl akci\u00ed pr\u00e1va akcion\u00e1\u0159\u016f?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2020\/02\/shutterstock_337004030-1024x765.jpg\" alt=\"\" class=\"wp-image-7018\" \/><figcaption class=\"wp-element-caption\">Vysv\u011btl\u00edme, jak se pr\u00e1va m\u011bn\u00ed v z\u00e1vislosti na pod\u00edlu akci\u00ed.<\/figcaption><\/figure>\n\n\n\n<p>Pod\u00edl akci\u00ed m\u016f\u017ee ovlivnit pr\u00e1va, kter\u00e1 m\u016f\u017ee akcion\u00e1\u0159 uplatnit. N\u00ed\u017ee vysv\u011btl\u00edme, jak\u00e1 pr\u00e1va akcion\u00e1\u0159\u016f mohou b\u00fdt ovlivn\u011bna v z\u00e1vislosti na pod\u00edlu akci\u00ed.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/investment-contract-shares-provision\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/investment-contract-shares-provision[ja]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pokud_akcionar_vlastni_alespon_jednu_akcii\"><\/span>Pokud akcion\u00e1\u0159 vlastn\u00ed alespo\u0148 jednu akcii<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud akcion\u00e1\u0159 vlastn\u00ed alespo\u0148 jednu akcii, m\u00e1 pr\u00e1vo na p\u0159\u00edstup a kop\u00edrov\u00e1n\u00ed z\u00e1pis\u016f z valn\u00e9 hromady (\u010dl\u00e1nek 318, odstavec 4, bod 1 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech). I kdy\u017e vlastn\u00edte pouze jednu akcii, m\u016f\u017eete b\u00fdt ovlivn\u011bni rozhodnut\u00edmi p\u0159ijat\u00fdmi na valn\u00e9 hromad\u011b, a proto m\u00e1te pr\u00e1vo na p\u0159\u00edstup a kop\u00edrov\u00e1n\u00ed z\u00e1pis\u016f z valn\u00e9 hromady.<\/p>\n\n\n\n<p>D\u00e1le, pokud akcion\u00e1\u0159 vlastn\u00ed alespo\u0148 jednu akcii, m\u016f\u017ee po\u017e\u00e1dat spole\u010dnost o zah\u00e1jen\u00ed soudn\u00edho \u0159\u00edzen\u00ed jm\u00e9nem akcion\u00e1\u0159\u016f (\u010dl\u00e1nek 847, odstavec 1 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech). Pokud spole\u010dnost na \u017e\u00e1dost nezah\u00e1j\u00ed soudn\u00ed \u0159\u00edzen\u00ed jm\u00e9nem akcion\u00e1\u0159\u016f, m\u016f\u017ee akcion\u00e1\u0159, kter\u00fd po\u017e\u00e1dal, soudn\u00ed \u0159\u00edzen\u00ed zah\u00e1jit (\u010dl\u00e1nek 847, odstavec 3 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pokud_je_podil_akcii_alespon_1_1100\"><\/span>Pokud je pod\u00edl akci\u00ed alespo\u0148 1% (1\/100)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud je pod\u00edl akci\u00ed akcion\u00e1\u0159e alespo\u0148 1% (1\/100), m\u016f\u017ee akcion\u00e1\u0159 uplatnit pr\u00e1vo na pod\u00e1n\u00ed n\u00e1vrhu (\u010dl\u00e1nek 303, odstavec 2 a \u010dl\u00e1nek 305, odstavec 1 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pokud_je_podil_akcii_alespon_3\"><\/span>Pokud je pod\u00edl akci\u00ed alespo\u0148 3%<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud je pod\u00edl akci\u00ed akcion\u00e1\u0159e alespo\u0148 3%, m\u016f\u017ee akcion\u00e1\u0159 uplatnit pr\u00e1vo na svol\u00e1n\u00ed valn\u00e9 hromady (\u010dl\u00e1nek 297, odstavec 1 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech). Akcion\u00e1\u0159i maj\u00ed tak\u00e9 pr\u00e1vo po\u017eadovat odvol\u00e1n\u00ed \u0159editel\u016f (\u010dl\u00e1nek 854, odstavec 1 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech) a pr\u00e1vo na p\u0159\u00edstup k \u00fa\u010detn\u00edm knih\u00e1m (\u010dl\u00e1nek 433, odstavec 1 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pokud_podil_akcii_prekroci_tretinu\"><\/span>Pokud pod\u00edl akci\u00ed p\u0159ekro\u010d\u00ed t\u0159etinu<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud pod\u00edl akci\u00ed akcion\u00e1\u0159e p\u0159ekro\u010d\u00ed t\u0159etinu, m\u016f\u017ee akcion\u00e1\u0159 odm\u00edtnout zvl\u00e1\u0161tn\u00ed usnesen\u00ed. Podle japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech mus\u00ed b\u00fdt zvl\u00e1\u0161tn\u00ed usnesen\u00ed na valn\u00e9 hromad\u011b p\u0159ijato v\u011bt\u0161inou hlas\u016f akcion\u00e1\u0159\u016f, kte\u0159\u00ed maj\u00ed pr\u00e1vo hlasovat a jsou p\u0159\u00edtomni na valn\u00e9 hromad\u011b, a to dv\u011bma t\u0159etinami hlas\u016f t\u011bchto akcion\u00e1\u0159\u016f (\u010dl\u00e1nek 309, odstavec 2 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech).<br>\nPokud tedy akcion\u00e1\u0159 s pod\u00edlem akci\u00ed p\u0159esahuj\u00edc\u00edm 33% hlasuje proti, nebude mo\u017en\u00e9 zvl\u00e1\u0161tn\u00ed usnesen\u00ed p\u0159ijmout.<br>\nTento stav, kdy ur\u010dit\u00fd akcion\u00e1\u0159 s pod\u00edlem akci\u00ed p\u0159esahuj\u00edc\u00edm 33% m\u016f\u017ee s\u00e1m odm\u00edtnout zvl\u00e1\u0161tn\u00ed usnesen\u00ed, se n\u011bkdy ozna\u010duje jako &#8220;pr\u00e1vo odm\u00edtnut\u00ed&#8221;.<\/p>\n\n\n\n<p>Zvl\u00e1\u0161tn\u00ed usnesen\u00ed je postup, kter\u00fd je vy\u017eadov\u00e1n p\u0159i prov\u00e1d\u011bn\u00ed d\u016fle\u017eit\u00fdch akc\u00ed, jako je f\u00faze, rozd\u011blen\u00ed spole\u010dnosti, v\u00fdm\u011bna akci\u00ed, p\u0159evod akci\u00ed, p\u0159evod cel\u00e9ho podnik\u00e1n\u00ed, zm\u011bna stanov, odvol\u00e1n\u00ed auditora a vyd\u00e1n\u00ed nov\u00fdch akci\u00ed za v\u00fdhodn\u00fdch podm\u00ednek. Schopnost odm\u00edtnout zvl\u00e1\u0161tn\u00ed usnesen\u00ed tedy m\u00e1 d\u016fle\u017eit\u00fd v\u00fdznam pro \u0159\u00edzen\u00ed spole\u010dnosti akcion\u00e1\u0159em.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pokud_akcionar_vlastni_vetsinu_hlasovacich_prav\"><\/span>Pokud akcion\u00e1\u0159 vlastn\u00ed v\u011bt\u0161inu hlasovac\u00edch pr\u00e1v<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud akcion\u00e1\u0159 vlastn\u00ed v\u011bt\u0161inu hlasovac\u00edch pr\u00e1v, m\u016f\u017ee jmenovat a odvol\u00e1vat \u0159editele. Podle \u010dl\u00e1nku 341 japonsk\u00e9ho z\u00e1kona o obchodn\u00edch spole\u010dnostech mus\u00ed b\u00fdt rozhodnut\u00ed valn\u00e9 hromady o jmenov\u00e1n\u00ed nebo odvol\u00e1n\u00ed \u0159editele p\u0159ijato v\u011bt\u0161inou hlas\u016f akcion\u00e1\u0159\u016f, kte\u0159\u00ed maj\u00ed pr\u00e1vo hlasovat a jsou p\u0159\u00edtomni na valn\u00e9 hromad\u011b.<\/p>\n\n\n\n<p>Jin\u00fdmi slovy, pokud ur\u010dit\u00fd akcion\u00e1\u0159 vlastn\u00ed v\u011bt\u0161inu akci\u00ed, m\u016f\u017ee jmenovat a odvol\u00e1vat \u0159editele. Jmenov\u00e1n\u00ed a odvol\u00e1n\u00ed \u0159editele jsou velmi d\u016fle\u017eit\u00e9 z\u00e1le\u017eitosti, kter\u00e9 ovliv\u0148uj\u00ed \u0159\u00edzen\u00ed spole\u010dnosti, a pro udr\u017een\u00ed \u0159\u00edzen\u00ed je d\u016fle\u017eit\u00e9 udr\u017eet v\u011bt\u0161inu akci\u00ed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Jaky_podil_akcii_je_treba_udrzovat_pro_zachovani_ridicich_prav\"><\/span>Jak\u00fd pod\u00edl akci\u00ed je t\u0159eba udr\u017eovat pro zachov\u00e1n\u00ed \u0159\u00edd\u00edc\u00edch pr\u00e1v<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2020\/02\/shutterstock_379556494-1024x512.jpg\" alt=\"\" class=\"wp-image-7019\" \/><figcaption class=\"wp-element-caption\">Jak\u00fd pod\u00edl akci\u00ed je t\u0159eba udr\u017eovat pro zachov\u00e1n\u00ed \u0159\u00edd\u00edc\u00edch pr\u00e1v?<\/figcaption><\/figure>\n\n\n\n<p>Tak\u017ee, jak\u00fd pod\u00edl akci\u00ed mus\u00edte vlastnit, abyste mohli udr\u017eet \u0159\u00edd\u00edc\u00ed pr\u00e1va? Jak bylo uvedeno v\u00fd\u0161e, volbu a odvol\u00e1n\u00ed \u010dlen\u016f p\u0159edstavenstva lze prov\u00e9st, pokud m\u00e1te v\u011bt\u0161inu hlasovac\u00edch pr\u00e1v. Av\u0161ak pro udr\u017een\u00ed \u0159\u00edd\u00edc\u00edch pr\u00e1v nesta\u010d\u00ed m\u00edt pouze v\u011bt\u0161inu, je nutn\u00e9 vlastnit v\u00edce ne\u017e dv\u011b t\u0159etiny pod\u00edlu akci\u00ed. Pro proveden\u00ed d\u016fle\u017eit\u00fdch krok\u016f v akciov\u00e9 spole\u010dnosti, jak bylo uvedeno v\u00fd\u0161e, je nutn\u00e9 m\u00edt speci\u00e1ln\u00ed usnesen\u00ed. Proto, abyste mohli udr\u017eet \u0159\u00edd\u00edc\u00ed pr\u00e1va, je nutn\u00e9 vlastnit v\u00edce ne\u017e dv\u011b t\u0159etiny pod\u00edlu akci\u00ed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Postup_v_pripade_ze_podil_akcii_nepresahuje_dve_tretiny\"><\/span>Postup v p\u0159\u00edpad\u011b, \u017ee pod\u00edl akci\u00ed nep\u0159esahuje dv\u011b t\u0159etiny<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Nyn\u00ed se pod\u00edvejme na to, jak by m\u011blo veden\u00ed firmy postupovat, pokud pod\u00edl akci\u00ed nep\u0159esahuje dv\u011b t\u0159etiny. Pokud je pod\u00edl akci\u00ed veden\u00ed firmy n\u00edzk\u00fd, je nezbytn\u00e9 respektovat n\u00e1zory ostatn\u00edch akcion\u00e1\u0159\u016f.<\/p>\n\n\n\n<p>Je tedy d\u016fle\u017eit\u00e9 naslouchat n\u00e1zor\u016fm ostatn\u00edch akcion\u00e1\u0159\u016f a udr\u017eovat s nimi dobr\u00e9 vztahy. I kdy\u017e veden\u00ed firmy chce udr\u017eet kontrolu, poslech n\u00e1zor\u016f ostatn\u00edch akcion\u00e1\u0159\u016f a \u0159\u00edzen\u00ed firmy na z\u00e1klad\u011b t\u011bchto n\u00e1zor\u016f m\u016f\u017ee nakonec v\u00e9st k lep\u0161\u00edmu sm\u011b\u0159ov\u00e1n\u00ed firmy. Proto je v p\u0159\u00edpad\u011b, \u017ee pod\u00edl akci\u00ed nep\u0159esahuje dv\u011b t\u0159etiny, d\u016fle\u017eit\u00e9 udr\u017eovat dobr\u00e9 vztahy s ostatn\u00edmi akcion\u00e1\u0159i.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Jak_ziskat_financovani_bez_ovlivneni_podilu_na_vlastnictvi\"><\/span>Jak z\u00edskat financov\u00e1n\u00ed bez ovlivn\u011bn\u00ed pod\u00edlu na vlastnictv\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pro provoz akciov\u00e9 spole\u010dnosti je kapit\u00e1l nezbytn\u00fd a z\u00edsk\u00e1n\u00ed financ\u00ed je nesm\u00edrn\u011b d\u016fle\u017eit\u00e9. P\u0159i z\u00edsk\u00e1v\u00e1n\u00ed financ\u00ed lze zv\u00e1\u017eit metodu p\u0159ijet\u00ed investic od investor\u016f, jako jsou nap\u0159\u00edklad VC, a vyd\u00e1n\u00ed akci\u00ed, ale metoda vyd\u00e1n\u00ed akci\u00ed samoz\u0159ejm\u011b ovliv\u0148uje pod\u00edl na vlastnictv\u00ed. Proto lze tak\u00e9 zv\u00e1\u017eit z\u00edsk\u00e1n\u00ed financ\u00ed metodou, kter\u00e1 neovlivn\u00ed pod\u00edl na vlastnictv\u00ed. Jako metoda z\u00edsk\u00e1n\u00ed financ\u00ed, kter\u00e1 neovlivn\u00ed pod\u00edl na vlastnictv\u00ed, lze nap\u0159\u00edklad zv\u00e1\u017eit n\u00e1sleduj\u00edc\u00ed metody.<\/p>\n\n\n\n<p>Metoda z\u00edsk\u00e1n\u00ed financ\u00ed vyd\u00e1n\u00edm akci\u00ed se naz\u00fdv\u00e1 equity finance (financov\u00e1n\u00ed z vlastn\u00edch zdroj\u016f), ale asset finance (financov\u00e1n\u00ed z aktiv) a debt finance (dluhov\u00e9 financov\u00e1n\u00ed) nevyd\u00e1vaj\u00ed akcie. Podrobnosti o asset finance a debt finance jsou vysv\u011btleny v n\u00e1sleduj\u00edc\u00edch \u010dl\u00e1nc\u00edch, tak\u017ee se na n\u011b pod\u00edvejte.<\/p>\n\n\n\n<ul>\n<li>Asset finance (Financov\u00e1n\u00ed z aktiv)<\/li>\n\n\n\n<li>Debt finance (Dluhov\u00e9 financov\u00e1n\u00ed)<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/method-of-raising-funds-for-stock-company\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/method-of-raising-funds-for-stock-company[ja]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shrnuti\"><\/span>Shrnut\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>V\u00fd\u0161e jsme vysv\u011btlili d\u016fle\u017eitost udr\u017eov\u00e1n\u00ed pod\u00edlu akci\u00ed. Udr\u017eov\u00e1n\u00edm pod\u00edlu akci\u00ed m\u016f\u017eete uplat\u0148ovat r\u016fzn\u00e1 pr\u00e1va. Proto je d\u016fle\u017eit\u00e9 p\u0159edev\u0161\u00edm pe\u010dliv\u011b pochopit, jak\u00e1 pr\u00e1va m\u016f\u017eete uplat\u0148ovat p\u0159i dr\u017een\u00ed ur\u010dit\u00e9ho pod\u00edlu akci\u00ed. Pokud by pod\u00edl akci\u00ed veden\u00ed spole\u010dnosti klesl pod dv\u011b t\u0159etiny, je d\u016fle\u017eit\u00e9 udr\u017eovat dobr\u00e9 vztahy s ostatn\u00edmi akcion\u00e1\u0159i, aby se zachovala kontrola nad spole\u010dnost\u00ed. V ot\u00e1zk\u00e1ch t\u00fdkaj\u00edc\u00edch se pod\u00edlu akci\u00ed je vy\u017eadov\u00e1na odborn\u00e1 znalost, jako je znalost japonsk\u00e9ho z\u00e1kona o spole\u010dnostech. Pokud m\u00e1te obavy t\u00fdkaj\u00edc\u00ed se pod\u00edlu akci\u00ed, doporu\u010dujeme se poradit s pr\u00e1vn\u00edkem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>V r\u00e1mci smluv, jako jsou investi\u010dn\u00ed smlouvy, m\u016f\u017ee b\u00fdt stanoveno ustanoven\u00ed t\u00fdkaj\u00edc\u00ed se po\u010dtu akci\u00ed, kter\u00e9 jsou vyd\u00e1v\u00e1ny, kdy\u017e investo\u0159i jako VC investuj\u00ed do akciov\u00e9 spole\u010dnosti. Vyd\u00e1n\u00ed akci\u00ed ovlivn\u00ed p [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":62461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,27],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/60951"}],"collection":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/comments?post=60951"}],"version-history":[{"count":3,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/60951\/revisions"}],"predecessor-version":[{"id":62500,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/60951\/revisions\/62500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media\/62461"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media?parent=60951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/categories?post=60951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/tags?post=60951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}