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厘定公司治理中国家干预界限的影响因素,需通过“是否会产生外部性问题”和“是否能促进当事人合理预期实现”两个标准,并从公司自治和国家干预两个视角进行探讨。具体而言,一项公司治理事务,如果不具有外部性,或者国家的干预不会促进当事人合理预期目标的实现,那么天然属于公司自治的范畴,绝对免于国家力量的干预。但若具有外部性或者能够促进当事人合理预期目标的实现,国家要想干预,还得看当事人是否提请国家干预。当然,如果存在严重外部性可能对社会公益造成严重损害,则国家也有主动干预的权限。但此种情况需要有明确的立法明文规定,按照法无授权不可行的公法规则行事。
Determining the factors that influence the boundary of state intervention in corporate governance needs to pass the two criteria of “whether externalities arise” and “whether it can promote reasonable expectations of parties”, and from the perspectives of corporate autonomy and state intervention Discussion. Specifically, if a company’s corporate governance affairs are not externalized or the state’s intervention does not promote the realization of reasonable expectations of the parties, it naturally falls into the category of corporate autonomy and is absolutely free from the interference of state forces. However, if it has externalities or can promote the realization of reasonable expectations of the parties, the state wants to intervene, but also depends on whether the parties bring state intervention. Of course, if there is serious externalities may cause serious damage to social welfare, the state also has the authority to take the initiative to intervene. However, this kind of circumstance needs to have clear and explicit provisions of the law and act in accordance with the law of public law that is not legally possible.