公司治理潮流下之台湾公司法修正 -以实质董事为中心

• 영문명: Corporate Governance Trends and Amendments to the Company Act of Taiwan-Focusing on De Facto Directors and Shadow Directors
• 발행기관: 충북대학교 법학연구소
• 저자명: Liu Cheng yong(刘 成墉)
• 간행물 정보: 『법학연구』第25卷 第1號, 109~140쪽, 전체 32쪽
• 주제분류: 법학 > 법학
• 파일형태: PDF
• 발행일자: 2014.06.30

영문 초록

Before the amendment to the Company Act (the "CA") of Taiwan, directors are responsible persons of a company in accordance with Article 8 of the CA, and the de jure director is a person elected through legal procedures. The responsibilities of the so-called"de facto directors" and "shadow directors" were not specifically regulated. Therefore, a person, who is not appointed as a director, having similar operational power or privilege as a director is quite common in current practice. And, there are legal loopholes regarding corporate governance needed to be supplemented. The CA of Taiwan was amended on January 4, 2012. Paragraph 3, Article 8 of the newly amended CA provides that: "For a company whose shares have been issued in public, a non-director who de facto conducts business of a director or de facto controls over the management of the personnel, financial or business operation of the company and de facto instructs a director to conduct business shall be liable for the civil, criminal and administrative liabilities as a director in this Act, provided, however, that such liabilities shall not apply to an instruction of the government to the director appointed by the government for the purposes of economic development, promotion of social stability, or other circumstances which can promote public interests." It is a milestone of the company legislations for introducing regulations governing shadow directors and de facto directors. However, it needs further clarification for the definition, application and the responsibility scope of de facto directors and shadow directors before the courts and regulators having enough experience and cases. For such issues, the verdicts and latest regulations governing shadow directors and de facto directors. However, it needs further clarification for the definition, application and the responsibility scope of de facto directors and shadow directors before the courts and regulators having enough experience and cases. For such issues, the verdicts and latest regulations under England legislations existed for along period may provide certain inspiration. This thesis will provide the preliminary explanation of the new regulations and advice for the derivative problems after introducing such regulations. 台湾公司法未修订前，董事依公司法第八条为公司之当然负责人，而董事系指经法定程序选任之法律上董事（de jure director）。对于事实上董事（de facto director）及影子董事（shadow director）之法律责任，则欠缺相关规范。因此，在公司实务上普遍存在非董事而享有与董事相同职能之人，此实为台湾公司治理上之法规缺漏。2012年台湾公司法增订第8条第3项：「公开发行股票之公司之非董事，而实质上执行董事业务或实质控制公司之人事、财务或业务经营而实质指挥董事执行业务者，与本法董事同负民事、刑事及行政罚之责任。但政府为发展经济、促进社会安定或其他增进公共利益等情形，对政府指派之董事所为之指挥，不适用之。」引进实质董事制度，乃公司法制上之重大里程碑。然而，关于实质董事该如何认定、适用以及其应负之责任范围为何，在法院及主管机关形成一定见解之前，仍有待厘清相关概念。关于此，英国法上长久以来累积之判决与最新公司法修正，应可提供一定之参考。本文拟就新修订之实质董事规定提出初步之解释，并对于引进此制度后可能衍生之相关问题，试图提出相关建议。

목차

一、台湾之公司治理概述

二、实质董事之法制面探讨

三、笔者针对实质董事新修法之意见

四、结论

參考文獻

<摘要>

키워드

corporate governance de facto director shadow director Article 8 of the Company Act of Taiwan restrictive stock 公司治理 实 质 董事 事实 上董事 影子董事、台湾 公司法第8条 第3项