系統識別號 | U0002-2406200920420400 |
---|---|
DOI | 10.6846/TKU.2009.01398 |
論文名稱(中文) | 歐盟架構下法國公司治理改革之研究 (2000-2008年) |
論文名稱(英文) | The Study of Corporate Governance Reform in France under the EU Framework (2000-2008) |
第三語言論文名稱 | |
校院名稱 | 淡江大學 |
系所名稱(中文) | 歐洲研究所碩士班 |
系所名稱(英文) | Graduate Institute of European Studies |
外國學位學校名稱 | |
外國學位學院名稱 | |
外國學位研究所名稱 | |
學年度 | 97 |
學期 | 2 |
出版年 | 98 |
研究生(中文) | 劉千郁 |
研究生(英文) | Chian-yu Liu |
學號 | 695290410 |
學位類別 | 碩士 |
語言別 | 繁體中文 |
第二語言別 | |
口試日期 | 2009-06-17 |
論文頁數 | 102頁 |
口試委員 |
指導教授
-
陳麗娟
委員 - 苑倚曼 委員 - 沈中衡 |
關鍵字(中) |
法國 歐盟 公司治理 公司法 |
關鍵字(英) |
France EU corporate governance company law |
第三語言關鍵字 | |
學科別分類 | |
中文摘要 |
自2001年美國安隆(Enron)公司爆發財務醜聞以來,類似的不實財務報表事件陸續發生,金額也如滾雪球般越滾越大。這些操弄報表數字以中飽私囊的行為不但讓投資人的權益受損,也撼動了社會大眾對資本市場的信心,影響金融體系的功能,更有可能危害經濟成長。在這樣的背景下,進行公司治理的改革實為刻不容緩,歐盟國家自然不能置身事外,加入這波改革的行列,冀望能夠同時建全金融市場結構,吸引國外資金流入。 歐盟的主要經濟強權之一的法國,在其固有的經濟背景與企業文化基礎上進行了一系列的立法行動,本論文將就經濟暨合作發展組織(OECD)所重視的四個公司治理重點(董事會職責、股東權益、利害關係人權益與資訊揭露)作一探討,介紹法國自2000年到2008年間民營企業組織與政府立法的現況與結果。 以法國做為歐盟會員國進行公司治理改革為例,可以看出歐盟各國因為政治、經濟環境不同,實行單一的公司治理法規耗費成本過高且實行不易,因此歐盟傾向於利用指令(directive)在各會員國進行轉換立法,以確保企業資訊的透明化,並落實市場監督的目的。 |
英文摘要 |
Since the Enron financial scandal in 2001 and the fraud financial reports, the corporate governance reform has been considerably worldwide increased. It is inevitably to rebuild the investor confidence on the financial market. Like most of European Union member states, France has reformed a series of its laws and rules in corporate governance. This thesis works on the responsibility of board, the rights of shareholders, the role of stakeholder, and better disclosure, which are the focus of OECD Principles of Corporate Governance published in 2004. Due to the economic differences and historical backgrounds among the member states, enforcing a common company law is costly and difficultly achievable. The EU Commission obliges all the member states to transpose directives and recommendations into national laws in order to remove all investment barriers and build up an integrated capital market in the future. |
第三語言摘要 | |
論文目次 |
第一章 緒論........................................1 壹、 研究背景與動機............................1 貳、 研究目的..................................3 參、 章節架構..................................4 肆、 研究範圍..................................7 第二章 歐洲公司治理................................9 第一節 歐洲公司治理概況............................9 壹、 歐洲公司治理模式.........................10 一、 單軌制董事會結構.........................10 二、 雙軌制董事會結構.........................11 第二節 歐洲公司治理準則...........................13 壹、 董事會職責...............................14 貳、 股東權益.................................15 一、 股東基本權益.............................15 二、 公平對待股東.............................16 參、 利害關係人權益...........................17 肆、 資訊揭露與透明度.........................18 第三節 歐盟公司法行動計畫.........................20 壹、 公司法高級專家小組報告...................20 貳、 2003年公司法行動計畫.....................24 參、 歐盟公司法行動計畫具體措施...............25 第三章 法國公司組織與特色.........................33 第一節 公司型態與成立.............................33 壹、 法國常見公司型態.........................33 一、 股份有限公司.............................33 二、 簡化股份有限公司.........................34 三、 有限公司.................................34 貳、 股份有限公司(SA)的成立...................35 參、 股份有限公司(SA)的組織...................37 第二節 法國公司治理特色...........................41 壹、 股權集中.................................41 貳、 人際關係色彩濃厚.........................43 參、 家族經營與金字塔經營持股.................44 肆、 國家控制色彩濃厚.........................47 第四章 法國公司治理...............................51 第一節 法國公司治理規約...........................51 壹、 MEDEF-AFEP公司治理準則與建議報告.........51 貳、 AFG公司治理建議報告......................55 參、 2001年新經濟法規.........................56 肆、 2003年金融保證法.........................57 伍、 金融市場管理局條例.......................59 第二節 法國公司治理實質改革內容...................61 壹、 董(監)事會...............................61 一、 董(監)事會職權與組成.....................61 二、 職務數目的限制...........................64 三、 預防利益衝突.............................65 四、 獨立董事.................................65 五、 委員會的設立.............................66 貳、 股東權益.................................68 一、 少數股東權益.............................68 二、 雙(多)重表決權制.........................70 三、 禁止自我交易.............................71 參、 利害關係人的權益.........................72 一、 勞工參與.................................72 二、 對債權人的責任...........................72 肆、 資訊揭露.................................73 一、 公司年度報表的資訊 .......................73 二、 法國雙重審計制...........................74 三、 董事與高階主管薪酬的揭露.................76 四、 董事與高階經理人之離職補償金.............76 五、 董事會責任與揭露資訊指令.................77 六、 大股東的資訊揭露.........................78 七、 資訊透明指令.............................79 八、 審計指令.................................80 第三節 法國公司治理現況............................81 壹、 金融市場管理局公司治理與內部監控報告......81 一、 董事的資訊揭露............................82 二、 委員會的設立..............................83 三、 董事與高階經理人薪酬的揭露................84 貳、 Heidrick & Struggles研究報告..............85 一、 董事會的職責與組成........................87 二、 董事資訊揭露..............................89 第五章 結論........................................93 參考文獻...........................................97 圖目錄 圖1-1:論文架構圖…………………………………………6 圖2-1:單軌制公司治理架構………………………………11 圖2-2:雙軌制公司治理架構………………………………12 圖3-1:LVMH集團2005年股權結構…………………………46 圖4-1:2009年歐洲國家公司治理排行……………………86 圖4-2:2007年法國企業董事會組成比例圖………………88 圖4-3:2009年法國企業董事會組成比例圖………………88 圖4-4:法國CAC 40企業董事資訊揭露比例圖……………89 圖4-5:2007年歐洲與各國董事薪酬………………………90 圖4-6:2009年歐洲與各國董事薪酬………………………91 表目錄 表3-1:各國前20大上市企業股權分佈情形……………………………42 表3-2:各國中型企業股權分佈情形……………………………………42 表4-1:董事會、董事長、執行長職責比較表…………………………63 表4-2:2007年金融市場管理局公司治理報告企業設置委員會情形…83 表4-3:2008年金融市場管理局公司治理報告企業設置委員會情形…84 表4-4:法國CAC 40企業董事會內設置委員會比例……………………87 |
參考文獻 |
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Corporate Governance in the United States, Canada and France, A thesis to the Faculty of Law, Institute of Comparative Law, McGill University, Montreal, Canada 三、 網路資源 法國全國審計師協會(CNCC)官方網站 http://www.cncc.fr/reglementation.html 法國法令資料庫官方網站http://www.legifrance.gouv.fr/ 法國金融市場管理局(AMF)官方網站http://www.cob.fr/default.asp 歐盟官方網站 http://ec.europa.eu/internal_market/company/modern/index_en.htm |
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