On The Concept Of Self-government Under The Articles Of Association Of Self-Government

Since the boom of the theory of Laissez-faire, the idea of "company autonomy" and "autonomy of the company charter" took the core place of the company law. Company as an individual based on personal autonomy and the composition of the lease and profit-making tool, and its degree of autonomy is the autonomy of the Articles of Association. Shareholders of the Company entered into in accordance with their articles of association means, through the company's charter to maximize the realization of their own interests. Articles of Association is the carrier of self-government, corporate autonomy manifested through the company's charter. With the socio-economic development, the company is continuously increasing, in incomplete information and the market environment of scarce resources, the interests of the shareholders of the Company's pursuit of more and can not be completely dependent on the rational. Efficiency in the achievement at the same time can not take the initiative to undertake a fair. To this end, the company that legislation be enacted to the theory of corporate social responsibility, given the growing power of the board of directors, the company's business scope of the generalization of the terms, virtual capital of the company's terms, the company has been self-governing countries and the impact of social forces, Articles of Association to become insignificant, weakening the company's charter to face the test of self-government.Corporate social responsibility theory is that the market power of the expansion of the company and against the rights of incompetent persons can not afford. Shareholders will centrism centrism to the transfer of the board of directors because the board of directors more responsive to the needs of socio-economic development, to reflect the professionalism and efficiency. Terms of business scope and corporate capital of the generalization of the imaginary terms of the statute seems to reduce the weight of the company, but it reduces the company's articles of incorporation and corporate projects to set up the mandatory restrictions, widening the company's degree of autonomy in space. The company is on a company as the core concept of self-government, the company's degree of autonomy or self-government by the Articles of Association to achieve. Articles of Association in order to further the achievement of self-government should be building a two-point structure of the company's charter law, and the flexibility of the contents of the Articles of Association.