Equity Balance & Investor Protection

With respect to the listed companies,the company whether can get a stable development in the highly competitive market,the key is whether the company has established a sound ownership structure,as an important part of corporate governance,if the ownersihp structure is complete which can promote a more perfect corporate governance structure,and then protect the interests of investors from illegal infringement.As for listed companies,investors can be said a vital lifeline for the survival and development of the company,but there are many problems in the actual application,and the existence of the problem may infringe the interests of minor and medium shareholders,and even make them no longer trust the company,leading to withdrawal of investment,obviously,this is not conducive to the development of China's capital market,while it will block the development of enterprises.Therefore,for the company,it is imperative to strengthen the corporate governance structure,to solve the problem that major shareholders encroach on the interest of company,and to protect the legitimate rights and interests of minor investors not be infringed.This paper takes the balance of equity as the starting point to carry on the research,also,carrying on the comparison of equity checks and balances between the state-owned enterprise and the private enterprise,committed to resolves the question,that is,in our stock market,frequently appears the situation of the big shareholder violates the minority shareholder's interests,in order to provide more Theoretical basis for our country to control the listed companies.This study adopts the method of linking theory with practice,so as to increase the credibility of this study and make the research more convincing.In the course of the study,the balance of equity and the protection for the interests of investors are this research's focus,regarding empirical data as the analysis basis,taking the listed company background as the breakthrough point,we have analysed the situation that minor and medium investors' interests are infringed in the listed company specifically;Based on the actual data,the selected period is from 2007 to 2015,and the typical data are the focus of this study.The impact of listed companies on equity checks and balances is the starting point,and I bring forward a subject that how to protect the minor and medium-sized investors,besides,I discuss the project about whether the former state-owned enterprises are better than private enterprises in equity balance and other issues one by one.The relevant conclusions are drawn after the study of empirical regression.From the perspective of the protection of the interests of minor and medium-sized investors,the role of equity checks and balances of listed companies is significant,but we can't draw a conclusion that state-owned enterprises are superior to private enterprises in the equity checks and balances.In this paper,I did a large number of research and analysis from multi-angle,for the actual situation of China's capital market,our nation issued relative policy to protect the interests of minor and medium investors to curb the infringement to listed companies of controlling shareholder,to get a better protection for minor and medium investors,to manage the state-owned listed companies in equity checks and balances more reasonably.