| As the basic principle of the company, principle of capital majority has the presence of rationality, such as they may improving the efficiency of the company's decision, encourage shareholders invest and restrict major shareholders' risks. But in the company practice, there is a conflict between controlling shareholders and minority shareholders; controlling shareholders in order to achieve their own best interests, often abuse principle of capital majority and rise their will as the company's intention. In recent years, due to the excessive concentration of equity, inadequate legal protection, there were many cases which the largest shareholder has misused the majority and minority shareholders' interests have been infringed. In this case, how to avoid the disadvantages of principle of capital majority, and how to protect minority shareholders' interests are what we need to face. |