The purpose of these important rules is to protect outside investors from the opportunism of insiders. When such rules are too lax, insiders face insufficient constraints on their ability to run the firm in ways that serve their private interests at the expense of outside, general investors.
可以肯定的是，公司管理层在很多方面都获取比公司投资者更多的权益，而管理层原本应该是给股东谋求福利的。但重要的是，管理层和股东的利益在哪些方面是相互背离的。答案就是遵守投资者保护和公司治理结构的相关规则。