On Corporate Governance In State Intervention In The Legal Issues

For the concept of state intervention,in different circumstances have different meanings.In compliance with the law intervention matters and according to the provisions of laws,comply with the law set permissions for the program,state intervention Of this paper refers to the specific organs or the organization which behalf of the state to intervene the economic behavior of market subjects. As one of the external system of corporate governance in China,State intervention joint stock limited company management could perfect the governance system of limited liability company in our country and promote stable and fast economic development.State intervention joint stock limited company governance has many aspects of the real reason,corporate governance compulsory existing in the state,the existence of ternary structure with society,private,economic organization,corporate governance externality problem,the state target of justice etc,request the state must intervene in corporate governance.These reasons reflect many problems existing in joint stock limited company governance of our country.Based on the dynamics and pareto optimality of joint stock limited company governance,and state intervention optimize the company internal power allocation,coordinate the balance of interests relation between stakeholders,make the development of the company can be carried out smoothly,to better solve insiders control problems,small shareholders participating in corporate governance issues,external power and corporate governance issues,ascension capacity problems,entrepreneur ownership with professional managers relationship problems,family inheritance and take problems,the controlling shareholders of the controlling shareholders deprivation,to perfect our joint stock limited company governance,can make our country economic get better development of the beneficial effects. This paper in favor of view about countries intervent to the joint stock limited company governance.For country intervention a joint stock limited company,under the precondition of intervention of existing laws,through adopting problem from the rational Angle distinguish to treat,reform the supervisory system,establish and improve the information disclosure system and fixed related legal system. On this basis,this paper will elaborate what is and what should be the status of state intervention in terms of the development of limited liability company governance in our country.To perfect company governance,it is necessary to do well in company internal management,state intervention should follow economic laws,and should be legal and rational.