如果公司——以家族企业为例，由内部股东控股，而不是机构股东，那么内部股东能够“把CEO的薪酬控制在较低水平”。
When insiders, rather than institutions, hold more of a company's stock -- for example, in family-owned firms -- "they keep pay down, " says Fernandes.
获取控制权转移私有收益不仅导致控股股东侵害小股东利益，而且导致公司价值和成长潜力的降低。
Obtaining private benefits of control transfer not only harms the benefits of minority shareholders, but also decreases corporate value and growth potentiality.
近二三年来，西方许多学者又把研究的兴趣集中在分析上市公司中的“内部人控制”及控股股东与小股东之间的利益冲突等方面。
In recent years, Many western scholars research interest concentrated on analyzing the "insider control" in the listed company and benefits conflict between large shareholder and small shareholder.
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