双重股权结构在公司治理中的应用研究  

Research on the Application of Dual-Class Share Structure in Corporate Governance

作　　者：杨梅[1] 魏文君[1] YANG Mei;WEI Wenjun(School of Economics and Management,Yangtze University,Jingzhou 434023,China)

机构地区：[1]长江大学经济与管理学院,湖北荆州434023

出　　处：《商业观察》2024年第15期117-120,共4页BUSINESS OBSERVATION

摘　　要：随着中国经济体制改革的加速,外部投资市场资金的流入给上市公司带来了不少机遇。然而,机遇往往伴随着挑战,如何在吸引外部资金的同时,保障创始人的控制权并确保公司的长期稳定发展成为了一个亟待解决的问题。在这样的背景下,双重股权结构应运而生,成为保障创始人控制权的重要手段。文章阐述了双重股权结构的概念、特征、优势与不足,并结合公司治理对双重股权结构的应用提出了针对性的建议,对促进我国资本市场和企业的健康发展具有重要意义。With the acceleration of China's economic system reform,the inflow of funds from the external investment market has brought many opportunities to listed companies.However,opportunities are often accompanied by challenges,and how to attract external funds while safeguarding the founder's control and ensuring the long-term stable development of the company has become an urgent problem needed to be solved.In this context,dual-class share structure came into being and became an important means to protect the founder's control.This paper expounds the concept,characteristics,advantages and disadvantages of dual-class share structure,and puts forward targeted suggestions on the application of dual-class share structure combined with corporate governance.It brings important significance for promoting the healthy development of China's capital market and enterprises.

关 键 词：双重股权结构 公司治理 超级表决权 AB股 

分 类 号：F272.5[经济管理—企业管理] F271[经济管理—国民经济]