Research Of Minority Shareholders Protection Based On Right Of Control

This paper studies the effect of shareholders’voting behaviors and ownership structures on the degree of control of the controlling shareholders by analyzing the probabilistic voting model. By this bridge, We study the effect of shareholders’voting behaviors and ownership structures on minority shareholders protection. Following, we use the relevant data from hu and shen main board A-share stock market on2010to test the conclusions we got. At last, we give some suggestion about minority shareholders protection. We get some conclusions, as follow:1、Minority shareholders should attend the general meeting and vote to reduce the controlling shareholders’absolute control, relevant agencies should also offer the best convenience.2、The situation of listed companies in our country is that companies are controlled by controlling shareholders absolutely, other shareholders cannot contend with them at all.3、In order to protect minority shareholders interest,we should reduce the ownership proportion of controlling shareholders as well as improve the share balance of other shareholders by concentrating ownership of other shareholders or introducing institutional investors.4、We can also reduce the corporation size or strengthen the liquid of the companies to protect minority shareholders interest.