股东

This article advocated that the protection of limited liability would be deprived when the controlling shareholders abuse the controlling power in the company under the "abuse theory".Through the unctional anylisys of the proportionally unlimited liability scheme,this paper proposed that,facing the non-voluntary creditor,the proportionally unlimited liability is able to achieve the efficiency and fairness.

本文主张以&权利滥用&理论为依据，对控制行为构成滥用的股东实行有限责任的排除适用，并在对比例无限责任制度的功能进行考察的基础上，提出在面对公司的非自愿债权人时，对股东适用比例无限责任能够做到效率性与公平性的统一。

Numerical solutions show that stockholders choose to exercise the investment option too early compared to the unleveled enterprise. Compared with value-maximizing policy, stockholders are inclined to overinvestment under the equity-maximizing investment policy, which affects the investment option value and optimal leverage choice, and does harm to the interests of bondholders. When debt constrained, the enterprise decreases the investment trigger first, and then increases it as constraints become more binding.

数值计算显示，与无负债企业相比，杠杆企业具有过度投资倾向以加快实现负债融资所带来的利息税盾价值；与企业价值最大化策略相比，在股东权益最大化目标下，股东具有较早执行投资期权的动机，影响投资期权价值和最优财务杠杆的选择，并侵害了债权人的利益。

Article 101 A joint stock company limited shall safekeep in the company a copy of the articles of association, the list of shareholders, minutes of meetings of shareholders and financial and accounting statements.

第一百零一条股份有限公司应当将公司章程、股东名册、股东大会会议记录、财务会计报告置备于本公司。

Instead, the banks have taken on large, friendly, long-term shareholders who cannot easily kick up a fuss. If the new investors were to become disgruntled, they may find it costly to sell in a hurry.

可是，银行选择了大型的、友好的、长期的股东，这些股东不会&兴风作浪&；往后他们即使不满意，也很难马上卖掉手头的股份。

A serious problem among them is that the controlling shareholders intervene the corporation's asser and management wantonly, which largely aggrieves the corporations and its common shareholders.

为了维护证券市场的顺利运做，完善上市公司治理结构，保护中小股东，防止控股股东操纵上市公司，我国引进了独立董事制度。

A serious problem among them is that the controlling shareholders intervene the corporations asser and management wantonly, which largely aggrieves the corporations and its common shareholders.

为了维护证券市场的顺利运做，完善上市公司治理结构，保护中小股东，防止控股股东操纵上市公司，我国引进了独立董事制度。

But with the company's strength growing increasingly, it greatly benefits the social economy, and in the meanwhile brings a series of social problems, If it defends tenaciously shareholder's interests and maximizes monism , bent solely on profit, such as damage consumer's rights and interests;ignoring the staff's rights, befouling environment, putting aside creditor's interests under the umbrella of limited responsibility, pursue the sudden huge profits blindly, ignore community responsibility and etc.

公司只顾股东和经营者的利益，而漠视甚至践踏劳动者、消费者、竞争者和其他社会大众的利益。因此，适当纠正过去过分强调以公司营利为本，以股东利益为重的传统公司法理念，谋求新的理论和制度以适当强化公司社会责任已势在必行。本文的主要内容包括以下三个方面第一部分，公司社会责任的内涵与外延。本文试图在介绍各种学说的基础上，从相关利益者角度阐述公司社会责任的内涵与性质。

We study the shareholders structure in Chinese public listed companies, the cause of formation, the abuse, the comparison with other countries and the relation between the controlling power and the shareholders structure,so as to find policies.In chapter four we discuss the cost of the private benefit from control by model when the block shareholder colludes with the manager.

在存在外部制衡的状态下，对模型进行了拓展，进一步研究在引入外部制衡力量后，公司在控股股东的控制下追求其自身效用的最大化所达到的均衡结果，并与不存在外部制衡情况下的均衡结果相比较，最后分别讨论了公司存在外部债务的情况下的模型的解和控股股东对公司捐赠利润的可能性。

But in practice,for abusing this principle,thereout lead the phenomenon of damaging the interests of small stockholders to be happened frequently and the investment passion of small stockholders is contused.

资本多数决原则在公司议事中的正当运用，能有力地保障公司经营决策的高效运行，但实践中，不泛对该原则的滥用，由此导致损害小股东利益的现象频发，挫伤了小股东的投资热情。

Where the procedures for convoking and the voting form of a shareholders' convention or shareholders' meeting or meeting of the board of directors, violate any law, administrative regulation or the articles of association, or the resolution is in violation of the articles of association of the company, the shareholders may, within 60 days as of the day when the resolution is made, request the people's court to revoke it.

股东会或者股东大会、董事会的会议召集程序、表决方式违反法律、行政法规或者公司章程，或者决议内容违反公司章程的，股东可以自决议作出之日起六十日内，请求人民法院撤销。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。