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- W2377282988 abstract "Corporate governance is the institutional arrangement of legislation, organization, contract and culture about organization mode, control mechanism, and interest distribution among a corporate and stakeholders such as shareholders, management, obligee and employees. Its basic purpose is to distribute the corporate power, obligation and interest reasonably in a corporation through valid institutional arrangement; to correct or remedy the agency operating risks for a corporation, owing to the separation of ownership and managerial power and threat to the social fairness and order owing to the extended scale of corporate,especially in a public corporation. so that the liberty of corporation itself and the interest of stakeholder can be developed in coordinately. The corporate governance is the consolidation of autonomy and regulation. It's essential that The law be involved in corporate governance because of the power checking, reducing the organization cost, helping the long trading, correcting or remedying the lacking of the market and balancing of interest. But when the law is involved in corporate governance, it must lay enough space of the corporate autonomy, The autonomous factors such as the morality, culture, contract and market and so on can play a very important role in organizing a corporation, autonomous factors can remedying the lacking of the legal and make the mechanism of corporation governance more efficacious." @default.
- W2377282988 created "2016-06-24" @default.
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- W2377282988 date "2007-01-01" @default.
- W2377282988 modified "2023-09-24" @default.
- W2377282988 title "The Legitimate problem of law governing into the corporate governance from the perspective of legal philosophy" @default.
- W2377282988 hasPublicationYear "2007" @default.
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