An Economic Analysis Of Law On The Corporate Behavior And Interest Of Shareholders Under The Dualistic Ownership Structure

The focus of this research paper is that under the dualistic ownership structure on China's securities structure, the efficiency of adjusting of the interest of shareholders and corporate behavior of the listed companies (including the efficiency of actually executed legal regulation, factors that could block the efficiency of legal regulation, ways to increase the efficiency of legal regulation) prescribed in the current laws and regulations system.For this purpose, this article is titled as An Economic Analysis of Law on the Corporate Behavior and Interest of Shareholders under the Dualistic Ownership Structure, using the economic analysis of law method (with Posner as the representative economist) as the basic analytic and argumentation method, with the actually existent dualistic ownership structure on China's securities markets as the precondition for this research, with the target of legal regulation-shareholder interests and corporate behavior as the focus of this research, hereafter comes the structure of this paper as following:By using the perspective, theorems and tools of economic analysis of law to analyze the lexononic quality of the dualistic ownership structure which is unique in China and the reasons for the setup of this special kind of ownership structure, disclose the disequilibrium of shareholder interests in the listed companies and the dissimilation characteristics of the behavior of the listed companies under the dualistic ownership structure. Then this paper conducts research on the actual regulation efficiency of the Company Law, the Securities Law and other relevant laws and...