Research On The Motivation For The Contention Of Control Rights In Family Companies

In recent years,in view of the frequent occurrence of control events of listed companies,the theoretical and practical circles have carried out an in-depth study,but the focus of the research is mainly on the two types of principal-agent problems caused by the separation of ownership and control.In real life,the contention of control rights of Listed Companies in our country is mainly between the large shareholders in the company,and there are few studies on these events.At present,the case study on the control right of the listed companies is mainly focused on the agency relations and conflicts of interest between the large shareholders and the small shareholders,or between the company shareholders and the management of the company.In addition,at present,the research on the control rights of family enterprises focuses on the inheritance of control rights of family enterprises,and there are few studies on control rights of family enterprises,and no complete theoretical system has been formed.The control power competition of B company is a typical case of corporate governance of private family enterprises in China.Through the case study of B company,it can provide material for the research of the protection of shareholders' rights and shareholders' behavior in China,and provide reference for the development of the same industry.At the same time,it is a possible innovation in this article to study the contention of controlling shareholders in family businesses.In this paper,a case study method is adopted to analyze the case company.Combining the theory of the ownership structure of the company and the private income theory of control right,this paper chooses the control contention event of B company as the object of the case study,and analyzes the reasons for the contention of the control right of the outbreak of B company.Through research,we find that the difference between ownership structure,private benefits and strategic objectives leads to the competition among large shareholders in the company.