A Study On The Legal Path Of The Control Of The Founder Of Listed Companies

Prime Minister Li Keqiang specifically mentioned the public innovation and entrepreneurship on the report of the work of the government in 2015,demonstrated the Government's determination to encourage entrepreneurship,and the hope of promoting the further promotion of our economy through entrepreneurship and innovation.With the continuous advancement of commercial reform,China's entrepreneurial market and capital market have become very hot.The founder of the listed company needs to raise money outsidefor the development of the company,while the financing process inevitably brings the dilution of equity.Butdilutionshouldn't be tantamount to losing control.It is still far from mature environment in the professional manager market.The game between the founder,investor and professional manager becomes increasingly complex.While enjoying the benefits of the open equity accumulation capital,the founder's control of the enterprise is becoming more and more difficult.This paper is mainly divided into five parts.The first part is the introduction,the introduction mainly revolves around the research background and the significance and the thesis research mentality,the structure,and the research method of the article topicto carry on.The second part is the necessity to analyze the control of the founder of listed market and the theoretical basis of the protection.The third part analyzes deeply the reason of the founder's loss of control and the lessons of failures,and analyzes the common problems of the founder control gamethrough analysis of the recent occurrence of the South beauty,NVC lighting,Vanke equity dispute case.The fourth part analyzes the characteristics of these two systems and the innovation of the different business environment and the "partner system" of Alibaba through the analysis ofBaidu's "double shareholding structure" successfully listed and Alibaba through the "partner system" of the tremendous success.The fifth part improves the protecting advice of the founder's control of China's listed companies.This part mainly revolves around two aspects,on the one hand,thefounder's control power ‘s protection of listed company in our country needs to pay attention to the human capital business environment,on the other hand,the founder's control power's protection systemdesign of the listed company,the author mainly proposes the system design proposalfrom the shareholder meeting level and the board level.