Study On Disregard Of Corporate Personality

Disregard of the corporate entity is to establish the system of personal independence in the company and shareholders,limited liability system based on. Capital rose in the rapid nature of the dispersion of investment risks,the effectiveness of capital and so fully embodies the advantages of the system.However,there are two sides to everything,the company and shareholders,personal independence of these two principles of limited liability continues to be effective,but also encountered a difficult problem.Some shareholders with the company as a contractual or legal obligations to avoid,to seek illegal interests of the tools,to the economic and social order has seriously affected.In this case,the system came into being piercing the corporate veil.Piercing the corporate veil of the human system to overcome the limited liability system independence and the inherent defects in the law contribute to the achievement of the value of fairness and justice.Community-based is the maintenance of social and public interests of the whole thinking of the Law.The degree of public interest community to meet with the country's macro-control economic behavior of individuals and the functioning of markets and social distribution of close contact.This shows that the economic law of industry regulation,monopolies and unfair competition,such as the relationship between the adjustments,must be the interests of the community-based. Cost-effective means of economic activity in the occupied consumption of live work and materialized labor and results achieved in comparison useful The improvement of economic efficiency will enhance the market competitiveness of enterprises is conducive to enhancing overall national strength,and consolidate the dominant position of public ownership,the superiority of the socialist system is conducive to improving the people's standard of living.Disregard of the corporate entity in this article from the start with the classic definition,the use of corporate personality and limited liability shareholders and piercing the corporate veil system and significance of the reasons for piercing the corporate veil to guide the system as the establishment of a legal system.Further,in piercing the corporate veil of foreign comparative analysis of the system and review of piercing the corporate veil of our system and the new history of the development of the "Company Law" in recognition of the system on the basis of the detailed personality analysis produced by socio-economic benefits from this new perspective in combination with the current financial crisis and the new "Enterprise Bankruptcy Law" and relevant judicial interpretations,piercing the corporate veil on the meaning and application of the system.