控制权私有收益的产生机理分析

Analysis on the Appearance of Private Benefit of Control

现代公司治理的利益冲突突出体现在控制性股东与分散小股东之间的利益冲突,本文分析了控制性股东利用手中的控制权通过攫取私有收益侵害小股东权益的作用机理,指出控制权的获取和维持需要一系列的成本,并从外部控制系统的角度提出应加强对中小股东的法律保护和控制权市场的建设和健全。

The benefit conflict between controlling shareholders and minor shareholders is the main benefit conflict of modern corporate governance. The paper analyzes the mechanism through which the controlling shareholders aggrieve the rights and interests of minor shareholders via the grasp of private benefit of control by the use of the right of control. The paper points out that the obtain and maintain of the right of control need a series of costs and bring forward from the angle of outer control system that we should strengthen the legal protection of minor shareholders and the construction and healthiness of control market.