corporate governance scholars should understand the nonfinancial motivations of shareholders when evaluating potential conflicts … controlling-versus-minority shareholders. Lastly, the PP literature should shift its rhetoric from conflicts to a good balance …

minority shareholders extract dividend from the firms as an outcome of legal protection in a manner that mitigates problem of … appear to ensure protection of minority shareholders right and that, in turn, is consistent with the global ranking and …

The cases that controlling shareholders expropriate the rights and interests of other shareholders frequently appeared … in China, thus, encouraging non-controlling shareholders to actively participate in corporate decision-making was … advocated by the public. However, whether non-controlling shareholders participate in decision-making has a positive impact on …