Research on the Supervision of Majority and Minority Shareholders on the Management Layer under Different Ownership Structures -Based on the Game Theory

In companies with different ownership structures, majority shareholders and minority shareholders have different behaviors in the supervision of managerial personnel. This paper adopts game theory to analyze their behaviors, reveals the roles of majority and minority shareholders in the process of addressing principal-agent problems, and puts forward measures to solve principal-agent problems.

Majority and minority shareholders; supervision; the management layer; game

Xiaohua Li. Research on the Supervision of Majority and Minority Shareholders on the Management Layer under Different Ownership Structures -Based on the Game Theory. 2019 Annual Conference of the Society for Management and Economics (SME 2019). 2019, Vol.4: 135-141. DOI: https://doi.org/10.35532/JSSS.V4.024.