中文摘要：

私人收益的存在降低了控制权市场的有效性，损害了中小股东的利益并且影响资本市场的健康发展。对控制权私人收益的制约因素进行了分析，进而结合中国控制权私人收益治理中存在的问题，从独立董事声誉激励的视角提出了控制权私人收益的内部治理方法。

英文摘要：

Private benefit of control reduces the effectiveness of the control market, and also affects the healthy development of the capital market. This research analyze the restraining factors of the private benefit of control, and the problems existed in the governance of the private benefit of control in China. Then, it proposes a method of internal governance to the private benefit of control from a perspective of the independent director＇ s reputation stimuation mechanism.