In recent years, the focus of corporate governance has shifted to the conflict of interests between the major shareholders and small shareholders.

近年来，公司治理的焦点已经集中在了大股东与中小股东的利益矛盾上。

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Relatively concentrated ownership structure is becoming a typical character of the modern corporations and the major shareholders play an important role in corporate governance.

股权相对集中且存在控股股东是现代股份制度的典型特征，大股东在公司治理中已经发挥越来越重要的作用。

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From 2001 to 2002, a spate of major corporate accounting scandals came to light that exposed weaknesses in corporate governance, audit practices, and financial reporting.

在2001—2002年期间，大量的重大会计丑闻曝光，这些问题暴露了公司治理、审计实务和财务报告中的薄弱环节。

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