The intervention and impact of digital society on the governance of dual equity structure in enterprises

• Shaohan Lin ^[1] ; Kangqiao Xu ^[2] ; Kongge Wang ^[1] ; Ying Huang ^[1] ; Yating Yang ^[1] ; Haojie Liao ^[3]
  1. [1] College of International Education, Dhonburi Rajabhat University, Thonburi, Bangkok, 10600, Thailand
  2. [2] School of Chemistry and Materials Science, South-Central Minzu University, Wuhan, Hubei, 430074, China
  3. [3] Faculty of Humanities and Social Sciences, Macao Polytechnic University, Macau SAR, Rua de Gomes, 999078, China

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• Localización: Revista de Cercetare si Interventie Sociala, ISSN-e 1584-5397, Vol. 86, 2024, págs. 34-45
• Idioma: inglés
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• Resumen

  • The digital society has become a prominent feature of today's era. Its highly interconnected, transparent, and intelligent characteristics are profoundly changing the governance mode and operational logic of enterprises. This article aims to explore the intervention and impact of digital society on the governance of dual equity structure in enterprises, and provide practical guidance for the sustainable development of enterprises. The dual equity structure, as a special corporate governance model, is characterized by granting different voting rights to different types of shares, achieving absolute control over the company by the management. However, this structure has also sparked many controversies, such as the possibility of management using control to harm shareholder interests, leading to management dictatorship, and so on. In the context of the digital society, enterprises face new challenges and opportunities in terms of information transparency, decision-making efficiency, and governance mechanisms.