Research On The Causes And Countermeasures Of The Interest Encroachment Of The Controlling Shareholders Of Family Enterprises

Now listed companies often have the controlling shareholder to participate in management,the characteristics of "a dominant",such characteristics is also good it reduces the company owner and the operator,but the second kind of agent problem,namely minority shareholders and large shareholders because of the interests of the disparity.In the context of such problems,the emergence of the major shareholders of enterprises seize the private profits of control rights by taking advantage of their own control advantages,which not only damages the legitimate interests of the majority of small and medium shareholders,but also enables our market to operate smoothly and healthily.For that kind of blood relationship is particularly strong enterprises,this kind of problem is more prominent.For family-owned enterprises,they are the actual leader of the company,both hold the company,and operating the company,their equity is very large and concentrated,some of the regulations in the enterprise ah ah is useless in front of them,so this series let the company on the internal governance environment left many problems,and interests to occupy the smooth implementation of provides a convenient environment.Therefore,this paper selects the family business as the breakthrough point,with ST Lin as the research object,specifically analyzes the family controlling shareholder interests encroachment behavior,in order to optimize the internal governance structure to provide some substantial reference,at the same time help the daily management supervision company related places to provide some Suggestions to better prevent and solve problems,also makes the small and medium-sized investors both on the rights consciousness or correct understanding to the heart of illegal people make violation of their own interests,more or less can inhibit the family business controlling shareholders of interests.This paper,the integrated method of case study,literature induction and quantitative analysis,with theory,at the same time,combining theory and case analysis ST Lin Mr Guo concerted action person illegal encroachment means,these illegal behavior brought what kind of bad consequences,and why these behavior in the company can happen smoothly,please put forward some countermeasures to suppress the family controlling shareholder interests encroachment.This article has the following parts,the first part is the research background in this aspect,the research literature about the content,the method used in this article,the article has innovation,and the shortcomings.The second part is to define the concept,analyze the theory of explaining the two concepts of family business and interest occupation,and then explain the three theories of principal agent,information asymmetry and selfish control interests.The third part is ST Lin heavy Mr Guo concerted action people illegal encroachment means,these illegal behavior brought what kind of bad consequences,first briefly introduces the ST Lin,and then reveals the performance of the controlling shareholder interests encroachment behavior,finally,we put the specific behavior,the influence of the four aspects of the analyzed.The fourth part is the motivation analysis,which is based on the theoretical analysis framework of the third part,on the one hand,it is the self-interest motivation of the controlling shareholder,on the other hand,it is the internal governance defects of the listed family enterprises,and there is the lag and negligence problem in external supervision.The fifth part is to describe the countermeasures of inhibiting the interests of the controlling shareholders of the family enterprise,and describe them from two points:optimizing the internal governance structure and strengthening the external governance supervision of the enterprise.The sixth part is for the summary.Paper innovation lies in the current existing research is mostly general enterprise as a research object,but the lack of control of a company and senior personnel whether there is blood relationship between them,have blood relationship for enterprise is a big difference,this article is to have blood relationship is the family enterprise for the specific a case is analyzed.