In concentrated ownership structure, the control right held by controlling holders of listed companies may exceed their cash flow right, which leads to the deviation of the two rights.
在集中的股权结构下，上市公司控股股东享有的控制权可能超过其持有的现金流权，造成控制权和现金流权的“两权分离”。
In concentrated ownership structure, the control right held by controlling holders of listed companies may exceed their cash flow right, which leads to the deviation of the two rights.
在集中的股权结构下，上市公司控股股东享有的控制权可能超过其持有的现金流权，造成控制权和现金流权的“两权分离”。
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