Including: the lower rate of ruturn of cash holdings and agency cost of managerial or majority shareholders' self-interest.

二是由经理人、控股股东‘自利动机’引起的现金持有代理成本。

youdao

As an appraisal remedy for the dissenters, the appraisal right settles the conflict of Majority Rule and the interest of minority shareholders.

股份收买请求权是异议股东的救济权利，平衡了资本多数决原则与小股东利益的冲突。

youdao

So, in order to protect the interest of minority shareholders, it is necessary to perfect the majority rule.

因此，小股东利益的法律保护就是针对股份有限公司资本多数决原则被滥用后采取的法律对策。

youdao

So, in order to protect the interest of minority shareholders, it is necessary to perfect the majority rule.

因此，小股东利益的法律保护就是针对股份有限公司资本多数决原则被滥用后采取的法律对策。

youdao