PAGE\*MERGEFORMATIPAGE\*MERGEFORMAT1论文题目：我国科技创新型企业引入双重股权结构制度研究—小米公司为例姓名：李可心PAGE\*MERGEFORMATIIPAGE\*MERGEFORMAT1摘要近年来，随着我国科技创新型企业迅速发展，一股一权制度的弊端越来越显露：决策权分散，决策效率不高，并且还面临着股权稀释与恶意并购的风险。对科技创新型企业原控股股东来说，为了防止股权稀释，并保持对公司的控制权，双重股权结构是他们的新选择。因此研究科技创新型企业引入双重股权结构制度对企业多元化发展以及企业股权稳定有重要意义。本文首先介绍双重股权结构的概念、特征及发展背景。然后从现行“一股一权制度”的缺陷和双重股权结构的有益性两个角度出发分析我国科技创新型企业引入双重股权结构制度的合理性。接着以小米公司为例研究双重股权结构制度对科技创新型企业治理的影响。最后从普通股东、创始人及监督机制三方面讨论对我国科技创新型企业引入双重股权结构的建议。关键词：股权结构；科技创新型企业；一股一权；双重股权PAGE\*MERGEFORMAT2PAGE\*MERGEFORMAT3AbstractInrecentyears,withtherapiddevelopmentofChina'sscienceandtechnologyinnovationenterprises,thedisadvantagesofoneshareonerightsystemaremoreandmoreexposed:thedecision-makingpowerisdecentralized,thedecision-makingefficiencyisnothigh,andalsofacestheriskofequitydilutionandmaliciousM&A.Fortheoriginalcontrollingshareholdersofscientificandtechnologicalinnovationenterprises,inordertopreventdilutionofequityandmaintaincontrolofthecompany,dualequitystructureistheirnewchoice.Therefore,itisofgreatsignificanceforthediversifieddevelopmentofenterprisesandthestabilityofenterpriseequitytostudytheintroductionofdualequitystructuresysteminscientificandtechnologicalinnovationenterprises.Thispaperfirstintroducestheconcept,characteristicsanddevelopmentbackgroundofdualequitystructure.Thenfromthedefectsofthecurrent"oneshareonerightsystem"andthebenefitsofthedualequitystructure,thispaperanalyzestherationalityofintroducingthedualequitystructuresystemintoChina'stechnologicalinnovationenterprises.ThentakeXiaomicompanyasanexampletostudytheinfluenceofdualownershipstructuresystemonthegovernanceofscienceandtechnologyinnovationenterprises.Atlast,thepaperdiscussesthesuggestionofintroducingthedualownershipstructuretoChina'sscienceandtechnologyinnovationenterprisesfromthreeaspects:ordinaryshareholders,foundersandsupervisionmechanism.Keywords:Equitystructure;scienceandtechnologyinnovationenterprise;oneshareandoneright;dualequityPAG