翻訳と辞書
Words near each other
・ Interest (emotion)
・ Interest aggregation
・ Interest articulation
・ Interest at maturity
・ Interest bearing note
・ Interest Equalization Tax
・ Interest expense
・ Interest Fair
・ Interest Flooding Attack
・ Interest graph
・ Interest group (disambiguation)
・ Interest group democracy
・ Interest group liberalism
・ Interest in possession trust
・ Interest in securities
Interest of the company
・ Interest on Lawyer Trust Accounts
・ Interest on past due child support
・ Interest point detection
・ Interest Project
・ Interest rate
・ Interest rate cap and floor
・ Interest rate channel
・ Interest rate derivative
・ Interest rate future
・ Interest rate guarantee
・ Interest rate insurance
・ Interest rate option
・ Interest rate parity
・ Interest rate risk


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Interest of the company : ウィキペディア英語版
Interest of the company
The interest of the company (sometimes company benefit or commercial benefit) is a concept that the board of directors in corporations are in most legal systems required to use their powers for the commercial benefit of the company and its members.〔For these purposes, it is important to remember the distinction between ''objects'' (what the company is incorporated to do) and ''powers'' (how the company may achieve those objects), see generally ''Cotman v Brougham'' () AC 514 at 522〕 At common law, transactions which were not ostensibly beneficial to the company were set aside as being void as against the company.
==Background==
An early illustration of this principle is to be found in ''Hutton v West Cork Railway Co'' (1883) 23 Ch D 654, where the English Court of Appeal held that the paying of a gratuity to employees prior to their dismissal was an improper exercise of the powers of the company, because the company was no longer a going concern, and thus stood to obtain no benefit (and no furtherance of its objects) through the payment of the gratuity; as Bowen LJ memorably remarked: "there are to be no cakes and ale except such as are required for the benefit of the company." (The decision itself is reversed by statute).
Any transaction which the directors enter into which is outside the powers of the company (and thus outside the scope of their authority) may nonetheless be ratified by the shareholders of the company, and will thereby be binding upon the company, see for example under English law, ''Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd'' () Ch 258.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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