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Legal Analysis on the Rationality of Judicial Intervention in Corporation Deadlock.

Authors :
ZHOU De-rong
Source :
Journal of Southern Yangtze University: Humanities & Social Sciences Edition; 2009, Vol. 8 Issue 6, p53-57, 5p
Publication Year :
2009

Abstract

Corporation deadlock is described as the Corporation's "suicidal" act. In that situation, Corporation's policy can not be made and Corporation can not be operated properly, which leads to not only heavy losses of interests to shareholders, creditors, managers, employees etc. but also serious wastes of Corporation's resource. As the ultimate means of resolving conflicts of interests, intervening in corporation deadlock and providing relief, judicature has profound theoretical basis of legal sociology and law and economics. [ABSTRACT FROM AUTHOR]

Details

Language :
Chinese
ISSN :
16716973
Volume :
8
Issue :
6
Database :
Supplemental Index
Journal :
Journal of Southern Yangtze University: Humanities & Social Sciences Edition
Publication Type :
Academic Journal
Accession number :
48919707