本文针对中国股市上时常出现的“双股东”事件,选取典型案例进行研究,对双股东结构的成因、发展过程、争执的焦点、最终的解决方案进行分析。研究发现:双股东结构是一种非常不稳定的股权结构,少有成功的案例。在目前中国的经济环境与文化环境下,双股东之间的制衡,所产生的负面效果远大于正面效果,因此企业之间合作应该谨慎对待这一结构。 This article focuses on the frequent occurrence of “double shareholders” in the Chinese stock market, selects typical cases and studies the cause, development process, dispute focus and final solution of the dual shareholders structure. The study found that dual-shareholder structure is a very unstable ownership structure with few successful cases. Under the current economic environment and cultural environment in China, the negative effect produced by the checks and balances between the two shareholders is far greater than the positive effect. Therefore, the cooperation among enterprises should be treated with caution.