Listed Companies In China The Largest Shareholder Of The Funds Used

It's the high time for assaulting fortified positions of the reform, and for perfecting the system socialist market economy. In fact, the fiduciary problem of listed company seems visible, especially in majority shareholders occupy the capital of listed company, and it is inconsistent with "harmonious society". Both in theory and in practice, people are endeavoring in solving the problem. Based on the theory of the world, the thesis not only fills up the blank of empirical research about the damage of minority shareholder's interests by majority, but also produces the identify ways. The thesis discuss the three fields about major shareholders capital occupying through seven chapters, including the research about the damage of minority shareholder's interests by majority capital occupying;the identify ways;the purposes, flow, cases analysis, and the pertinent suggestions. The thesis using empirical and cases analysis, researching other receivables, designing the index -the rate of capital occupying to measure, choosing the company whose the degree of capital occupying above the average and other receivables above 3 hundred million, producing six concludes:(l)there is negative correlation between the rate of capital occupying and the rate of equity capital and net profit increase;(2) the rate of capital occupying is negative correlation with EPS;(3)the number of affiliated enterprise is positive correlation with the degree of capital occupying;(4) there is distinct diversity between the company which high-ranking managers is pluralist and not;(5)there is negative correlations between the share of majority and the rate of capital occupying;(6) the rate of independent directors is negative correlation with the rate of capital occupying, above all, the paper confirms the concludes through the cases, based on it, the paper produces the identify ways in order to restrain this behavior of majority.