However, the present state of shareholders rights is not optimistic because of some negative effects, which could bring harmful influence to the economy and society seriously: the capital market could not function well, no good mechanism could be formed in a company, and the competitiveness of the company would be reduced.

With the development of our society and economy, it is more and more serious that the rights of minor shareholders is infringed by major shareholders.

Based on managerial power theory of compensation incentive research,the article focuses on the influence of managerial power on accounting information in the public companies,which is interacted with controlling shareholder power.