{"title":"《2013年公司法》第166(2)条;保护利益相关者或公司的首要地位","authors":"J. John","doi":"10.2139/ssrn.2885847","DOIUrl":null,"url":null,"abstract":"The provision for protection of stakeholders is a mere eye wash and does not actually protect the interest of the Stakeholders. The provision 166(2) is cleverly worded and imposes a good faith duty of much higher magnitude towards the company while it only insists with the compliance of a best interest standard for the protection of the shareholders.","PeriodicalId":171289,"journal":{"name":"Corporate Law: Corporate Governance Law eJournal","volume":"2 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2016-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Section 166(2) of the Companies Act 2013; Protection of Stakeholders or Primacy of Company\",\"authors\":\"J. John\",\"doi\":\"10.2139/ssrn.2885847\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The provision for protection of stakeholders is a mere eye wash and does not actually protect the interest of the Stakeholders. The provision 166(2) is cleverly worded and imposes a good faith duty of much higher magnitude towards the company while it only insists with the compliance of a best interest standard for the protection of the shareholders.\",\"PeriodicalId\":171289,\"journal\":{\"name\":\"Corporate Law: Corporate Governance Law eJournal\",\"volume\":\"2 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2016-08-30\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Corporate Law: Corporate Governance Law eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.2885847\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Corporate Law: Corporate Governance Law eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2885847","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Section 166(2) of the Companies Act 2013; Protection of Stakeholders or Primacy of Company
The provision for protection of stakeholders is a mere eye wash and does not actually protect the interest of the Stakeholders. The provision 166(2) is cleverly worded and imposes a good faith duty of much higher magnitude towards the company while it only insists with the compliance of a best interest standard for the protection of the shareholders.