股东与诚信
在传统公司法理论中，股东之间并不存在法律上的义务，股东只是按其所有的股份对公司承担相应的义务和财产责任。然而在公司的运作过程中，因为资本多数决的表决原则，使得股东具有的表决能力与所持有的股份成正比，股东持股越多，表决权能力越大。从而在实际上造成在股东大会中具有控制权的股东演变成公司的控制股东。为了限制控制股东的权利，保护公司及中小股东、债权人的利益，必须使控制股东承担诚信义务。上市公司收购，对目标公司来说是公司的重大变动事项之一。在目标公司面临收购时，目标公司的控制股东由于自身的控制地位，极易从自身利益出发，损害公司和其它中小股东、债权人的利益。同时，对上市公司的收购会对整个证券市场带来影响，甚至会影响到社会的稳定。因此，必须对目标公司控制股东的诚信义务进行明确的规定，同时对其诚信义务的特殊性进行研究。
In the traditional theory of Company Law , shareholders have no obligation to each other and they just take charge of responsibility and property according to the amounts of shares they own . However , by the “capital majority decides doctrine” principle ，the shareholders who have more shares would get more rights of voting due to the proportion of shares they have got in the process of the company’s operation , which , factly results to the ones who have control rights turn into controlling shareholders on the Shareholders General Assembly . Therefore , it is necessary to ensure that the controlling shareholders take duty of integrity so as to restrict their rights , to protect the intrests of the company , minor shareholders and creditors as well.
To the target company, the purchase of listed companies is one of the great changes of itself. When the target company is faced with purchasing, the controlling shareholders of the company tends to harm the interests of the minor shareholders or creditors for that of their own. At the same time, the purchase of listed companies will affect the whole stock market, even the stability of the society. Therefore, the controlling shareholders' duty of good faith must be concretely stipulated while its special features be studied.
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