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Research On The Protection Of The Control Rights Of The Original Shareholders In The Competition For Control Rights

Posted on:2020-05-29Degree:MasterType:Thesis
Country:ChinaCandidate:Y J XuFull Text:PDF
GTID:2439330602966576Subject:Accounting
Abstract/Summary:PDF Full Text Request
In recent years,with the development of our country's capital market,the private enterprises in our country have also welcomed the spring of development.At the same time,the good external environment has brought opportunities for the rise of many investment institutions,and more and more institutional investors have begun to grow and grow,and a large amount of money has been injected into the growth and development of the enterprise.Institutional investors want to gain short-term profit,while the founder of the entorprise values the long-term development of the enterprise,is dedicated to grasping the control of the enterprise and acquiring the private incorue of the control,the difference in this strategy leads to a certain dispute between the two.The outbreak of control dispute can cause serious consequences for the daily operation and development of the enterprise,It is harmful to the interests of enterprises and shareholders.Based on this reason,this paper studies the problem of competition for control,and hopes to achieve some results.The research methods used in this paper are literature analysis and case analysis.First of all,this paper summarized the domestic and foreign relevant literature research,collected excellent theoretical results,understood the theoretical research on the current situation of control rights,analyzed the current situation and economic consequences of the competition for control rights in our country;Secondly,through the case study method,this paper selects Vanke Group as a research case,analyzes in detail the event of competing for control in the enterprise,probes into its root causes,looks for solutions,and provides similar experiences and lessons for other enterprises.Avoid repeating Vanke's mistakes.Through the research of this paper,it is found that when the ownership structure of the enterprise is low,the outside investors often take advantage of the vanity to buy the stock of the enterprise,increase the holding maliciously,and endanger the controlling position of the founding shareholders.A threat to the control of the founding shareholders.Therefore,it is particularly important to optimize the ownership structure of enterprises so that they are not overly dispersed.Secondly,when the development trend of the enterprise is very strong,the stock price of the enterprise should be raised properly,and the low share price will also bring the opportunity for the maliciously increased external investors.Finally,the founders of enterprises should improve their awareness of the protection of control rights,improve the terms of corporate governance,and prevent foreign investment.The malicious acquisition of the person and the large shareholder's private gain of the control of the control power can harm the development of the enterprise.Through the research,this paper aims to achieve the following breakthroughs and innovations:first of all,this paper attempts to stand in the position of the founding shareholders,conduct a detailed study of the event of the competition for control rights,mainly analyze the economic consequences and impact of the competition for control rights on the founding shareholders;Secondly,this paper attempts to analyze various aspects,including ownership structure and private income of control rights,to analyze in detail the various impacts and economic consequences of the competition for control rights on enterprises,and to give feasible suggestions.
Keywords/Search Tags:founding shareholders, contests for control, private benefits of control, Vanke
PDF Full Text Request
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