The Company Autonomy and The Company Society Responsibility in The Difficulties of Achieving in the company Law
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Abstract
Traditional sense of company autonomy mainly involves the conflict and coordination between the company and shareholders as well as the conflict and coordination between the company and the state. The company’s social responsibilities as the representative of social interests give rise to the third dimension of company autonomy, in contrast with social autonomy. The specific legal terms of corporate social responsibilities, if realized in company laws, with their broad moral repercussions, will limit the autonomous space of the company and damage the foundations of the commercial society. These specific legal terms should be stripped in company laws. With the premise of securing the autonomy of company, they should act as external constraints instead of internal regulations in order to realize the company’s social responsibilities.
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