In the analytical process, mentioning the existence of the Government Leading Entrenchment Effectsand the Controlling Shareholder's Agent Entrenchment Effects.
In the analytical process, mentioning the existence of the Government Leading Entrenchment Effectsand the Controlling Shareholder's Agent Entrenchment Effects.
文章在分析过程中，提出“政府主导的壕沟效应”和“控股股东代理人的壕沟效应”的存在。