大股东“掏空”的结果就是将账面利润留在上市公司,而让现金流向自己。这里的“掏空”是一个财务概念,主要是指能够控制公司的股东为了自身利益,将公司的财产和利润转移出去的行为。大股东“掏空”方式可以分为直接或间接的资金占用、资产购销、产品购销以及高派现等,典型表现为:以较低的价格将上市公司的资产出售给控股股东或经理拥有较高现金收益权的公司、向经理人员(控股股东在其控制的企业中往往同时担任经理)支付较高的薪水、为控股 Large shareholders “hollowed out ” The result is to keep the book profit in the listed company, and let the cash flow to their own. Here “hollowing out” is a financial concept, mainly refers to the ability to control the company’s shareholders for their own interests, the company’s property and profits transferred out behavior. Major shareholders “hollowing ” approach can be divided into direct or indirect fund occupation, asset purchase and sale, product sales and high pay are typical performance is: to lower the price of the listed company’s assets sold to the controlling shareholder or manager Companies with a higher cash yield right pay higher salaries to managers, who often serve as managers in the companies they control, as the controlling shareholder