On the Rule of Subordinate Repayment of Improper Claims of Controlling Shareholders

Meiling Xuan

doi:10.47297/wspdecWSP2515-797306.20261001

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On the Rule of Subordinate Repayment of Improper Claims of Controlling Shareholders

Volume 10, Issue 1

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On the Rule of Subordinate Repayment of Improper Claims of Controlling Shareholders
On the Rule of Subordinate Repayment of Improper Claims of Controlling Shareholders
Guangzhou College of Applied Science and Technology, Zhaoqing, Guangdong, 526000, China
Vol. 10, Issue 1, Pages: 23-26(2026)
Published：30 January 2026
DOI：10.47297/wspdecWSP2515-797306.20261001
Accepted：

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Xuan Meiling.On the Rule of Subordinate Repayment of Improper Claims of Controlling Shareholders[J].Development Economics of China,2026,10(01):23-26.
DOI：

Xuan Meiling.On the Rule of Subordinate Repayment of Improper Claims of Controlling Shareholders[J].Development Economics of China,2026,10(01):23-26. DOI： 10.47297/wspdecWSP2515-797306.20261001.

摘要

Abstract

It is not uncommon for controlling shareholders to exploit affiliated transactions to the detriment of the legitimate rights and interests of corporate creditors. However

existing legal provisions governing such affiliated transactions are fragmented

and related legal institutions

such as the piercing of the corporate veil

have inherent limitations in application. To establish a systematic and logically coherent legal regulatory framework

this paper analyzes the jurisprudential foundation

institutional reflections

constitutive requirements

and legal effects of introducing the rule of subordinate repayment of shareholders' improper claims

and proposes localized institutional improvement suggestions

aiming to refine the corporate governance structure and achieve a balance of interests among all parties.

关键词

Keywords

references

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