Research On The Illegal Capital Occupation Of Major Shareholder Of Kangde Xin

With the birth and development of China's securities market,there are many companies that have entered the ranks of listed companies.The scale of operation of listed companies has gradually increased,the management mode has become more advanced,and the economic market is developing healthily and rapidly.However,some problems that need to be solved are also highlighted,such as the problem of large shareholders' funds occupation.The phenomenon of relatively concentrated equity is more common in China's listed companies,resulting in imperfect corporate governance structure,coupled with weak external regulatory mechanism and many other factors,leading to the problem of large shareholders' illegal occupation of funds.Although the relevant laws and regulations are becoming more and more perfect,the obvious violations of listed companies have converged,but the hidden violations are becoming more and more serious.Some major shareholders of listed companies use improper connected transactions to occupy funds,so as to meet the interests,and the means show a hidden and complex trend of diversification,making it difficult for regulators to implement effective supervision Tube.According to the current situation,most of the listed companies in our country use operating funds,non operating funds and equity guaranteed loans to occupy funds.These violations not only harm the interests of creditors and minority shareholders,but also have a serious impact on the healthy development of the market economy.Therefore,it is of great practical and theoretical significance to analyze the motives,means,causes and harms of large shareholders' illegal fund occupation.This paper is divided into five parts: the first part,introduction.This paper summarizes the background and significance of the topic,summarizes the research methods and ideas after reviewing the existing research,and finally briefly introduces the basic framework of the paper.The second part,the major shareholders and their illegal capital occupation of the basic overview.This paper summarizes the motives,means,economic consequences and theoretical explanations of the illegal funds occupied by major shareholders.The third part introduces the background of the illegal funds occupied by KDX major shareholders.This paper analyzes the motives,means and economic consequences of the illegal funds occupied by KDX major shareholders.The fourth part,KDX major shareholders illegal capital occupation to achieve the reason.From the two aspects of internal governance of listed companies and external supervision of capital market,this paper analyzes the reasons for therealization of illegal capital occupation by KDX major shareholders.The fifth part,the countermeasures and Suggestions to prevent the illegal capital occupation of major shareholders.Based on the problems found in the case study,this part puts forward countermeasures and Suggestions to prevent the illegal capital occupation of major shareholders from the perspectives of internal corporate governance,external market supervision and protection of minority shareholders' rights and interests.Based on the case study,this paper hopes to learn from the experience and lessons in the case,which is helpful to prevent the appropriation of capital by the major shareholders of listed companies.Through the case study and analysis,it is found that large shareholders' illegal occupation of funds will increase the financial risk of the company.According to the company's data,before the disclosure of large shareholders' illegal occupation of the company's funds,the behavior has had a negative impact on the company's solvency and development ability,and after the disclosure of the behavior,the company's solvency,development ability,operation ability and profitability will have a negative impact.In addition,the illegal occupation of large shareholders' funds will also infringe the interests of small and medium-sized shareholders,aggravate and upgrade the conflicts between large shareholders and small shareholders,cause frequent changes in the company's management,reduce the cohesion of the company,make the number of core employees plummet,lose a large number of talents,and ultimately affect the normal operation of the company.Finally,based on the actual situation of the company,this paper puts forward effective and targeted prevention suggestions,hoping to learn from the experience and lessons in the case,which is helpful to prevent the occupation of major shareholders' funds of listed companies.