论代理成本视角下董事对第三人责任的正当性

On the Director's Liability to the Third Party from the Perspective of Agency Cost

董事等公司高管与消费者、公司债权人等第三人之间的代理问题,日渐成为现代公司法的一类重要代理问题。利息率等市场化方法难以完全解决这类公司代理问题。让董事在特定条件下对第三人承担民事赔偿责任,是解决董事与第三人之间代理问题的重要法律举措。董事对第三人责任制度的建立健全,不仅可以使受害的第三人获得有效的法律救济,而且可以促使公司及其董事内化代理成本,进而促进包括董事、公司债权人等各方利益主体在内的社会总福利的增加。

In modern corporation,the agency problems between the directors and the third party have been one of the most important agency problems.These agency problems can＇t be resolved only through the interest rate market means. Therefore,it is necessary to establish the legal system based on the mercerization,aiming to solve the agency problems between the directors and the third party.Making directors being liable for damages to the third party in certain circumstances,that is advantageous to solve the agency problems between the directors and the third party,and is also beneficial to reduce the agency cost and increase the total welfare of the society.