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