上市公司的超常规发展积累了很多问题 ,问题的根源在于股权结构不合理 ,国有股、法人股占有绝对控股地位且不能在二级市场流通。股权结构相对集中、适当分散 ,即前几位大股东所持股份接近、相对控股 ,形成互相监督、互相制衡、互相促进的治理机制 ,是上市公司发展的方向。 The unconventional development of listed companies has accumulated a lot of problems. The root of the problem lies in the unreasonable ownership structure. State-owned shares and corporate shares occupy the absolute controlling position and can not circulate in the secondary market. Relatively concentrated ownership structure, decentralized, that shares held by the previous few major shareholders close to the relative holding, the formation of mutual supervision, checks and balances with each other, and promote each other’s governance mechanism is the direction of the development of listed companies.