On Split Share Structure Reform, Legal Supervision Of The Listed Company's Controlling Shareholder

After the reform of the company's structure on stock market the major shareholders can make illegal profits by using its position in company through markets. Since the basic function of the capital is to pursue the profits and it is inevitable that the major shareholders can make illegal profits by many ways which difficult to be found and maybe also the blank areas for related company and security law.In the first part of the dissertation discussing many possibilities that major shareholders can get profits on stock markets. There are many ways which could be used by the major shareholders, such as: the major stock holders or real controls persons being in the company could become the new marketplace controlling powers and through the inside business behavior; false statement also could become a market place operating the important boosting implement. The behavior of the major shareholders would take the advantages of the information and may control share price together with the organization to form a conspiracy and also from the mutual coordination to make illegal profits on stock markets. So the change of the market main bodies must bring the new company inspection regulations.In the next part, analysing the administration of the company and how to reinforce to the company governing according to the principles which were passed by the"OECD"in 1999. All those principles also could be used now.The mechanism of the shareholders should protect the rights of the shareholders according to the capital; if those shareholders get the controlling power exceeding the sharers of the holding should reveal the related information.In the field of shareholder's equal compensation, govern mechanism should ensure all shareholders, include those shareholders who always in a weak position in the company and get the effective compensation.In the last part of the dissertation, suggesting the related ministries cooperate together and form the related laws or regulations to supervise the major shareholders and create equal stock markets and accelerate our economic development.