The Study Of The Corporate Deadlock And Remedies

This article is about corporate deadlock .Corporate deadlock is a kind of unusual phenomenon, which appears frequently in corporate operation practice. Corporate deadlock means no single person or group of persons has legal control of the business. In recent years, with the development of market economy in China, more and more deadlocks have emerged. Corporate deadlock becomes a social problem, but the research of corporate deadlock and remedies just start, it is also lack of solution in practice .People don't have profound understanding to the definition of corporate deadlock, the characteristics of corporate deadlock, the harm of deadlock, the reason why deadlock emerges and so on. How to avoid and break the deadlock has become a significantly theoretical and actual problem. This article discusses this problem from three parts. The beginning of this article is from the concept of corporate deadlock, the discussing in part I is also about the characteristics, cause of formation, classification and endangerment. This article sets out from the angle of the company contract theories, the substance of corporate deadlock is lacking the remedies to resolve the conflicts, the shareholders could not get what they want form the contract that they made for the company. The impersonal reason for deadlock is corporate governance structure and decision-making mechanism, the ultimately reason is the irreconcilable conflict. This article classifies corporate deadlock into seven aspects, and point out corporate deadlock is not only harmful to the shareholders, companies, creditors and the other relation persons, but also harmful to the market and society. How to break the deadlock? Part II introduces eleven ways to...