Enterprise regulations and rules play a major role in corporate governance.However,in recent years,a large number of enterprise regulations and rules were illegal and were thus annulled by the court,and enterprises be...Enterprise regulations and rules play a major role in corporate governance.However,in recent years,a large number of enterprise regulations and rules were illegal and were thus annulled by the court,and enterprises bear related liability to pay compensations.The author analyzed and discussed the predicament of legitimacy in enterprise rules and regulations step by step in three aspects including the legal connotation of enterprise rules and regulations,legitimacy dilemma in the enterprise rules and regulations,measures should be taken by enterprises under the current law framework.The paper aims to provide ideas and thoughts for Chinese enterprises to overcome the legitimacy dilemma of enterprise rules and regulations and give full play to their important roles in corporation governance.展开更多
文摘Enterprise regulations and rules play a major role in corporate governance.However,in recent years,a large number of enterprise regulations and rules were illegal and were thus annulled by the court,and enterprises bear related liability to pay compensations.The author analyzed and discussed the predicament of legitimacy in enterprise rules and regulations step by step in three aspects including the legal connotation of enterprise rules and regulations,legitimacy dilemma in the enterprise rules and regulations,measures should be taken by enterprises under the current law framework.The paper aims to provide ideas and thoughts for Chinese enterprises to overcome the legitimacy dilemma of enterprise rules and regulations and give full play to their important roles in corporation governance.
