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Study Of Self-dealing Legal Issues Of The Directors Of The Company

Posted on:2008-02-25Degree:MasterType:Thesis
Country:ChinaCandidate:X Q LiFull Text:PDF
GTID:2206360215954336Subject:Legal theory
Abstract/Summary:PDF Full Text Request
with the seperation between the modern company's ownership and the operation rights, the board of directors ,as a company business execution institution,has playing the more and more important function in the company . and , the trend which shifting form shareholder meeting-oriented principle to the board ofdirectors -oriented principle has been appeared . the general meeting of shareholders gradually formalization with the gradually expansion the limited liability company scale and distribution of the stock , but company operator's authority have inflating day by day,The outcome of seperation between company's property rights and the domination enables the company's operators to have the actual authority which cause the company asset to be advantageous to their benefit . This kind of potential self-transaction behavior which internal person shifting the company property has arousing the various countries' universal interests. How to guard against the trustee from seeking own benefits by using the authority which harming company benefit has becoming the topic which the contemporary company law must solve.Along with the world economics integration and internationalization, our country company system also was influenced by the overseas company system . the research and the absorption the advanced experience of overseas company law on how to standardize self-transaction system and analyzing the weakness of our country existing company law system will have a positive significance for improvement of Chinese company law and promoting the development of economy. Here,This article attempts using the history analysis method and the comparative analysis method to research the law system about self-transaction of the corporation's director . it will puts forward the proposal on related system of our country by comparatively analysising the related law system between the civil law and the common law .
Keywords/Search Tags:Directors of corporation, Self-transaction, Legal system, improvement
PDF Full Text Request
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