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ts of the shareholders as the core, the company's operations will always direct or indirect instructions expand under the Shareholders, the shareholders, especially large shareholder's personal intention therefore inevitably seep into company behavior. Shareholders engaged in the operation using the corporate form, in fact, is the use of limited liability of shareholders of the barrier will isolate themselves and to the creditors of the company, the company conducted its business independent personality, while shareholders themselves directly or indirectly controlled companies to achieve their own interests maximized. Economic activities of the companies have taken "capital majority decision" approach, in fact, more large shareholders will own meaning into meaning the company offers the possibility of many large shareholders, especially controlling majority shareholder of the company as a tool of their trade , only the pursuit of their own interests to meet, not ready to assume corresponding responsibilities, resulting in the company's controlling shareholder of the company may be forced to sacrifice the interests of the company in favor of the interests of the controlling shareholder transactions or improper acts harm minority shareholders or creditors' interests .
Second, the company's own legal system hidden moral hazard. Independent personality system that is isolated from the shareholders and the company's debt, the lack of corporate systems to achieve social justice goals of effective measures to ethical values, when the company shareholders legally bound insufficient, its hidden moral hazard will surface, in order to to achieve its maximum benefits, will find ways to leverage its investment in the company's right to its dominant position in the abuse of corporate personality kind behavior. Such as: lack of funding, shell operations, abuse of people trying to withdrawal of funds, excessive manipulation, businesses confused, and even commit fraud, and subject to legal action in its time and the inclusion of only limited liability. Creditors often because no right to intervene in the company's management, but also can not afford to pay the costs of internal information learned and effort, but in a passive trading in a disadvantageous position, so the risks of such uncertainty dealing with a company subject only to bear their own .

With economic development, independent personality and limited liability of shareholders is characterized by the breeding system of corporate personality problems has become increasingly exposed, causing serious consequences. But we can not deny the system on economic development brings a positive contribution, but in real life, the company continues to maintain an independent personality and limited liability of shareholders is characterized by corporate personality system, recognizing that sometimes become shareholders of Corporate Personality evade duty, abuse of the rights of the veil, and find a way to effectively maintain both corporate personality system can effectively regulate the way the system drawbacks. So in recognition of the company with legal personality under the premise of a particular legal relationship of corporate personality and limited liability of shareholders to be denied recourse directly behind the company's shareholders' liability system piercing the corporate veil came into being in economic development and timely development, and implementation of本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。