美国法上的董事自我交易

发布时间：2018-05-09 14:37

本文选题：自我交易 + 安全港　；参考：《吉林大学》2010年硕士论文

【摘要】： 早期普通法认为董事自我交易是自动可撤销的。从20世纪初开始,只要其他董事充分代表了公司的利益,而且有证据证明交易是公平的,交易便不会被撤销。20世纪30年代以后,各州法使用“安全港规则”来规制自我交易。非利害关系董事会的出席和表决要求适用的标准是“目的充分性”检验,经非利害关系董事会批准的交易,法院将用商业判断规则来审查,美国法学会的《公司治理准则：分析与建议》使用合理判断标准来审查非利害关系董事会批准的交易,《美国示范公司法》采用的是商业判断规则。非利害关系股东会的批准导致举证责任的转换和司法审查标准的变更,法院将适用商业判断规则集中审查浪费问题,而举证责任由质疑交易的一方负担,非利害关系股东会批准排除了有关注意义务的诉讼主张。完全公平标准是法院审查董事自我交易时适用的主要标准,法院审查交易的完全公平所考量的主要因素有信息披露、公平的价格、符合公司商业目的、公平的交易。我国公司法应完善董事自我交易的披露规则以及利害关系方出席和表决规则。
[Abstract]:In the early common law, the director's self-dealing was automatically revocable. Since the beginning of the 20th century, as long as the other directors fully represent the interests of the company and there is evidence that the transaction is fair, the transaction will not be revoked after the 1930s. The criterion applied to the attendance and voting requirements of the non-interested board of directors is the "purpose adequacy" test. Transactions approved by the non-interested board of directors will be examined by the court using the rules of commercial judgment. The American Law Society's "Corporate Governance guidelines: analysis and recommendations" uses reasonable judgment criteria to review transactions approved by non-interested board of directors. The American Model Company Law adopts commercial judgment rules. The approval of the non-interested shareholders' meeting leads to the change of the burden of proof and the change of the standard of judicial review. The court will apply the rules of commercial judgment to examine the waste problem, and the burden of proof will be borne by the party challenging the transaction. Non-interested shareholders' meeting approved the exclusion of the obligation of care claims. The standard of complete fairness is the main standard that the court applies when examining the director's self-dealing. The main factors considered by the court to examine the complete fairness of the transaction are information disclosure, fair price, accord with the company's commercial purpose and fair transaction. Our company law should perfect the disclosure rules of directors' self-dealing and the rules of attendance and voting of interested parties.
【学位授予单位】：吉林大学
【学位级别】：硕士
【学位授予年份】：2010
【分类号】：D971.2;DD912.29

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