Legal Analysis On The Measures Of Maintaining Control By Founding Shareholders

The demand for financing and the right to maintaining control of founding shareholders are often in a state of tension during the development of the company.The introduction of capital will inevitably cause the proportion of equity held by the founding shareholders to be diluted,while the controlling shareholder of the founding shareholder is legally justified and lawful,and it is particularly important for the long-term development of companies in industries such as high technology,culture and media.Therefore,it is necessary to study the founding shareholders' measures of maintaining control and explore the feasible measures and legitimacy boundaries of the controlling shareholder of the founding shareholders from the existing legal framework.Based on the basic theory of corporate control,this paper analyzes the applicable mechanism and development of the existing founding shareholder's mechanism to maintain corporate control,and examines the applicable status of such measures in the legislative practice during our country legal barriers in corporate law,and find a way to maintain the control within legitimate boarder under the current legal with a view to balance interests of founding shareholders,other shareholders and external investors.This paper aims at providing reference for theoretical study and for the legislation and corporate practices in the field of corporate control.