股东

Through analysis and arrangement, the main points are listed as the following: First, the rule of power allocation of corporate organs related to compulsive rules should be directly manipulated under law, and those related to "autonomy of will" should be dealt with constitution mandated by the conference of shareholders, which should be stated clearly by law; Second, referring to the content of power allocation of corporate organs, the due difference allocation should be made for limited liability companies and joint stock limited liability companies respectively; Third, the law should confirm the theoretical and practical significance of the expansion of powers of the board of directors, which means division and re-arrangement of the company's powers; Forth, legislation should limit the dominant shareholders' rights in order to secure the automatic ability of company and improve the environment of corporate governance.

本文通过分析整理，得出主要观点如下：（1）公司机关权力配置规则，涉及属于公司"强行性"的规则应由法律直接规制，而属于"任意型"或"赋权型"的规则，可由股东大会授权以章程的形式解决，法律应明确确立该形式的合法地位；（2）针对公司机关权力配置的内容，法律应分别在有限责任公司和股份有限公司之间合理配置和差别配置；（3）董事会权力的扩大是公司权力的分化和权力内容的重新组合，法律应肯定其积极的实践意义和理论意义；（4）立法应限制控股股东的权力，充分保证公司的自治能力，从而改善公司治理结构环境。

They can also expropriate the interest of other shareholders and creditors when the return on investment in their listed companies ...

如果上市公司的投资回报率低于大股东的预期水平，或者预期上市公司无法继续生存下去时，大股东会以公司外部股东和债权人的利益为代价而对上市公司进行掠夺。

The phenomena that large shareholders expropriate small Shareholders' interest will occur frequently in our stock market , which has been one of the most difficult and focusing problem to regulate and develop our stock market.

在我国股票市场上，大股东侵害小股东利益的现象不断涌现，成为了制约我国股票市场稳定发展的一个难点和焦点问题。

Under the background of ownership structure, the controlling shareholder can use his special right to influent list company's management, in order to expropriate the cash and profit of list companies.

在我国目前的股权结构背景下，大股东能以其特殊的控股地位左右上市公司经营政策，使其按大股东利益最大化的目标进行关联交易定价，充分运用关联交易的负面作用，侵占上市公司的利益。

Large controlling shareholder has great motivation to expropriate the resource of the listed company either for survival or development. And the controlling shareholder is endowed with the ability because of the close relationship between them.

大股东无论从生存还是发展上都有强烈的占用上市公司资源的动机；大股东与上市公司之间的密切联系也使其具备了占用上市公司资源的能力。

The level of free cash flows and the shareholding ratio of major external shareholders have no significant effects on the start-ups' leverage. However, in order to avoid the firm going bankrupt, the entrepreneur has the stronger motivation to reduce the leverage when he holds more shares, and the levels of the long-term debts and the bank loans decrease significantly with the increase of the entrepreneur's shareholdings.

进一步，受创业者与股东间代理冲突不及成熟企业严重的微观经济特征的影响，自由现金流和外部大股东持股比例对创业企业资本结构无显著影响，而高持股比例使得创业者倾向于选择低的债务水平，且创业者持股对长期负债和银行货款的负向影响较其对短期负债和商业信用的负向影响更为明显。

In the second part, I explore the inspection of the register of shareholders .and I reference to the extraterritorial legislation and theoretical research results.

第二部分，考察股东名册的具体效力，结合域外立法和理论研究成果，分析了股东名册的权利推定效力、对抗效力和免责效力，并且针对我国立法现状提出改善意见。

Such notices shall be given either personally or by first-class mail or other means of written communication, addressed to the shareholder at the address of such shareholder appearing on the stock transfer books of the corporation or given by the shareholder to the corporation for the purpose of notice.

此种通知书应亲自投送或按公司股票转让登记簿上所登记的股东地址或该股东所提供的用于通知的地址通过一级邮件或其他书面方式投送。

Further, as the quantity of consideration influences all investors benefit, therefore non-tradable share reform is also a game that all stakeholders take part in, including non-floating stock holders, floating stock holders, SAC and so on, as a result, non-tradable share reform will benefit from a fair and reasonable ideas of consideration greatly.

由于对价的高低直接关系到流通股股东、非流通股股东、国资委等各方的利益，所以股改又是一场多方利益的博弈，本文运用博弈论的方法分析了现有股改各方利益的博弈中存在的非理性现象，进而提出了一些建立公平博弈外部环境的合理建议。

As the executive prior to the entry into force of the resolution, the general meeting of shareholders as part of the small shareholders did not discuss the will of the spin-off of the legitimacy of Fortis, but only after the board of directors of the seats on the vote.

由于行政机关之前使该决议生效，股东作为小股东的普遍会议没有讨论分拆将起飞，富通的合法性，但只有在对董事会的席位票。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了