Corporate Governance

In addition to the Chairman of Board, directors, supervisors, managers, liquidators and reorganizer act on behalf of the company in terms of their functions. If they fail to manage the company’s business with due diligence and thereby cause damage to the company, they shall be liable for the damage. A company’s supreme policy-making entity is the shareholders’ meeting. The corporate governance is critical to such issues as how to call a shareholders’ meeting legally, how to make resolution legally, how the existing board of directors can prevent the so-called market orientation from acquiring a majority of the seats of directors and supervisors in a shareholders’ meeting called for reelection of directors and supervisors, the supervisors’ functions, whether a shareholders’ meeting may be called, how minority shareholders help themselves when unsatisfied with major shareholders who hold the seats of directors and supervisors and misappropriate the company’s fund, how minority shareholders ask the company to disclose the company’s finance, how the company makes public offering, the terms and conditions for private placement, how to call the board of directors and the directors’ meeting legally, what non-competition means and how the company helps itself if a majority of, or all of, the directors resign or are dismissed. Said issues involve multiple laws and regulations. This Firm’s professional team is able to provide the services for evaluation, negotiation and litigation related to such issues.