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  5. Research on the Supervision of Majority and Minority Shareholders on the Management Layer under Different Ownership Structures -Based on the Game Theory

Research on the Supervision of Majority and Minority Shareholders on the Management Layer under Different Ownership Structures -Based on the Game Theory

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DOI: 10.25236/icemct.2018.005

Author(s)

Xiaohua Li

Corresponding Author

Xiaohua Li

Abstract

In companies with different ownership structures, majority shareholders and minority shareholders have different behaviors in the supervision of managerial personnel. This paper adopts game theory to analyze their behaviors, reveals the roles of majority and minority shareholders in the process of addressing principal-agent problems, and puts forward measures to solve principal-agent problems.

Keywords

Majority and Minority Shareholders, Supervision, The Management Layer, Game