The Legal Analyze Of Company Significant Behaviors

Together with the rapid development of global economic, there forms a trend of reforming the law of corporation, the concentration of which is how to regulate the company's major acts in order to protect the shareholders, executives and other parties involved. There are several conflicts of interests, such as the one between shareholders and executives, major shareholders and minor shareholders, and shareholders and other parties involved. Only by analyzing the conflicts of interests can the essence of company's major acts be fully revealed.This essay will proceed in light of the historical and comparative research, focusing on the policies adopted by the major European countries, Nippon and U.S.A., which is largely concentrated upon the protection of creditors, the merge of firms and the amendment of the memorandum of association.Sectionâ… is on the definition of significant corporate behaviors, the core of which is the autonomy of the corporation as well as the supervision of the executive branch. Sectionâ…¡is focused on the transition of organization of the corporation. Sectionâ…¢mainly concerns the Statutory Capital System and the stock newly offered to public. The discussion in Section IV follows up with the complementary proposition on the legislation governing the corporation, which manifests its sincere attention by comparing the legislative disparity among major developed countries. The discussion will culminate in the feasible suggestion on the specific rules governing significant corporate behaviors.