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자료유형
학술저널
저자정보
저널정보
한국기업법학회 기업법연구 企業法硏究 第22卷 第3號
발행연도
2008.9
수록면
9 - 52 (44page)

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Most Korean courts and legal commentators have regarded the principle of the equal treatment of shareholders (the "Principle") as mandatory rule over an areas of the corporate law, although it has no textual basis on the Korean Commercial Code. Comparing with other legal systems of the EU, the United States or Japan, the Principle was originally established under the peculiar circumstance in the late 19th century of Germany, rather than recognized as the universal principle which was established with the creation of the institution of the corporation in the early 17th century. Therefore, in this fast changing market condition, the Principle should not be understood as dominating rule with no exceptions, but should be re-evaluated flexibly based on company's reasonable business judgment while taking into consideration of a variety of market factors. The flexible interpretation of the Principle does not mean that a company can do business at its discretion against shareholders's decision. It neither means that a company could disregard the decision made by an shareholders, nor it means that a company could narrowly and improperly delimit share-holder's rights by such interpretation.
In this regard, the essential factor in review of the Principle is to satisfy various demands of the existing shareholders as wen as those of the to-be-shareholders, and to consider practical needs of the corporation from the market perspective such as to facilitate the corporate financing.
Moreover, any disputes caused by a company's arbitrary discrimination against shareholders should be resolved by particular procedure involved in the individual laws. Alternatively, in the absence of such laws, those disputes should be or brought as the case of violation in corporate director's duty of care (or violation of controlling shareholder's duty in some cases) considering fairness of business decision and legitimate justifications.

목차

Ⅰ. 서설 - 주주평등원칙 관련 문제점
Ⅱ. 주주평등원칙에 관한 국내의 논의
Ⅲ. 주주평등원칙에 관한 비교법적 고찰
Ⅳ. 주주평등원칙에 관한 재해석
Ⅴ. 맺음말
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〈Abstract〉

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