董事受信义务之独立性研究

董事与公司之间的关系产生于信托法上的信托受托人与信托委托人之间的关系,但是这种关系一直困扰者包括英美公司法的理论和实践。董事的受信义务是否等同于信托受托人的信托义务？本人认为,董事的受信义务虽然类推自信托义务,但是已经与信托义务产生了巨大的差别。无论从公司和信托这两种制度的本质区别上,还是董事和信托受托人的注意义务和忠实义务的内涵和标准上,都可以发现二者之间根本的区别,这也表明了董事受信义务是独立于信托义务的一种新的受信义务。在论及董事的法律地位时,文章分析了代理说、信托说和委任说的致命缺陷,得出董事的法律地位仍然是受信地位的这一符合逻辑的结论,澄清了理论界的一些误解。

A Study on Independence of Director's Fiduciary Duty

The relation between the director and the company derives from the relation between the trustor and the trustee at trust law, which troubles the corporate theory and practice in the world including the American and British company law. This article believes that although the director＇s fiduciary duty is analogized from the trustee＇ s duty, it has differed basically from the latter in the trust and company system and the meaning and standards of the duty of care and the duty of loyalty. This shows that the director＇ s fiduciary duty is a new fiducairy independent of the trust duty. This artile believes in the end that the theory of agency, thoery of trust and theory of mandatory have their fatal defects and concludes logically that the director＇s legal status is still a fiduciary one, which clarifies some misundersandings in the theoretical field.