Manager Of The Company Legal System

Since the Limited liability Company System was birth, company manager's status has enhanced unceasingly. The manager's status has a big promotion with the era of knowledge economy approaching. The management knowledge and the skills of manager have already been regarded as one of the company's element. Its function is not inferior to the function of the material capital that the shareholder invests into company. The traditional proxy theory and the company legal regime to manager ignore the unceasing growth of the human capital importance and have no way to do with the manager's power expanding. Some economists made all sorts of theories to explain this kind of predicament. The most influential theories are the enterprise contract theory and the human capital theory. This article analyzes company manager by taking these two kinds of theories as the foundation the question. Because the two economic classical theories that are the one of methods that we explain the economy manager question in the era of economic knowledge. It also has provided a theory model for our country company manager's legal system.