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학술저널
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한국기업법학회 기업법연구 企業法硏究 第20卷 第3號
발행연도
2006.9
수록면
41 - 66 (26page)

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The Ministry of Justice of the Republic of Korea is going to revise commercial code by the end of 2006. The revision concentrates on the part III of the Code, company law. In the course of preparing revision draft. the committee on the revision of commercial law, of which this writer is also a member, discussed thoroughly wether the regulations on conglomerate (Konzern) should be included in the draft revision. After a long and deep discussion, the committee decided not to introduce regulations on conglomerate in the draft revision this time. The regulations on conglomerate are significant in the point that they could protect shareholders of subsidiary (daughter company). Conglomerates are called as Chaebol in Korea and within conglomerate mother company can make decision in the benefit of the whole conglomerate or of the mother company, but harmful for the subsidiary or for the daughter company.
When mother company decided to proceed with any project in favour of mother company, but in detriment of subsidiary, the shareholders of subsidiary would suffer damage through going down of stock price they hold. Such a decision would have positive effect for conglomerate in the whole, but could be against subsidiary's interests. It is important, therefore, to protect minor shareholders of subsidiary within conglomerate. However, there are only a few legislation examples on conglomerate including the german Aktiengesetz and the Taiwanese Commercial Code. Japan has considered to introduce conglomerate regulations and several japanese scholars insist that the legislation on conglomerate is one of the key subjects that japanese company law should introduce in the future. Some Chinese scholars share the same idea. This writer presented in this note a revision draft on conglomerate in personal for discussion in the future when the Korean Government revise again the company law.

목차

Ⅰ. 序言
Ⅱ. 일본 江頭憲治郞 교수의 立法提案과 분석
Ⅲ. 독일주식법
Ⅳ. 유럽회사법
Ⅴ. 우리나라에서의 논의
Ⅵ. 立法을 위한 論議
Ⅶ. 결어
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〈Abstract〉

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