Proceedings of the 3d International Conference on Applied Social Science Research

Research on the Non-compete Obligation of Directors in China’s Company Law

Authors
Su Wang
Corresponding Author
Su Wang
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.104How to use a DOI?
Keywords
Director; Non-compete; Legislative defects; Suggestions for improvement
Abstract
Non-compete is an important obligation of directors, and also is an important manifestation of directors’ loyalty obligations. Directors are generally involved in the company’s management, so they are familiar with company’s trade secrets, major business decisions, investment and other insider information. If the law allow the directors doing business in the range of company’s trading profit for themselves or a third party, the directors may use company secrets or business relationship for their own personal gain, and then damage the interests of the company and shareholders. China’s current Company Law has set forth non-compete obligation of directors, but some provisions are abstract. This paper attempts to analyze our directors’ non-compete obligations in order to point out legislative defects, and put forward suggestions for improvement.
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.104How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Su Wang
PY  - 2016/08
DA  - 2016/08
TI  - Research on the Non-compete Obligation of Directors in China’s Company Law
BT  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
SP  - 381
EP  - 383
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.104
DO  - https://doi.org/10.2991/icassr-15.2016.104
ID  - Wang2016/08
ER  -