論企業重整運作機制---兼論公司重整治理及新資金取得

戴文川(Henry Tai)

指導教授 ： 鄭有為

國立中央大學/管理學院/產業經濟研究所碩士在職專班/碩士(2006年)

摘要

我國公司重整法制施行約40餘年，而數十家之聲請重整救濟之公司，現今只有少數幾家重整成功，其更生成功之企業個案，實為鳳毛鱗角，故績效不振及諸多缺失詬病之處，可得知我國公司重整法制對於重整企業之更生機制，必有所疏漏及不完善之處，所以為能探討重整制度之利弊得失，並有效改善重整制度，以謀求社會經濟最適福祉之境，本文擬先從經濟面之效率角度予以分析重整制度，並藉此探討影響各利害人間對於重整協商之因素及提生其效率之方法，此可體現於本文第二章及第三章之所述。此外本文第四至五章，即從法制面之角度，除就我國重整制度相關機制予以探討分析外，另參酌美國破產法制，並加以比較之，強化及改盡我國重整法制改之缺失。第六及第七章，本文將對於影響重整企業之現實營運及達到重整重生目的之關鍵因素，即重整中之公司治理及新資金引進機制作一探討，其中對於重整企業取得銀行融資之創新方式，本文亦有獨創之見解，並發表於本文之第七章之第三節。最後，本文對於我國重整制度之探討及改善分析結果當作本文結論，並提出建議及日後改進之依據。

關鍵字

重整法制 ； 重整協商 ； 美國破產法制 ； 新資金引進 ； 重整中之公司治理

並列摘要

In Taiwan, there are few financial distressed companies could be restructured through the current system of “corporate reorganization” that has been established for almost 40 years. So, in view of such a conclusion, the current system of “corporate reorganization” must surely exist and uncover some challenges and skepticism regarding the value of such system.To improve and review the flaws of “corporate reorganization” mentioned above, and enhance such system function for rescuing the companies from the financial default situation, the thesis not only endeavor to illustrate and examine the current corporate reorganization theoretically and practically,offer a new unique solution that never been mentioned before for aiding efficiently the companies entered into the relief of the corporate reorganization to obtain the credit from the financial institutes(especially for bank’s loan system ),the content will be introduced and discussed part by part in chapter VII.
The paper contains eight chapters.Chapter I is the introduction.Chapter
II&III,the paper will offer an alternative perspective from the economic viewpoint and then conduct the analysis of the corporate reorganization system and the bargain in corporate reorganization to discusses the relations among debtors,creditors and shareholders.Chapter IV&V,will refer and employ the relevant American law and regulations for the comparative purposes to analysis and examine the function and work mechanism of current corporate reorganization in Taiwan from the legal system aspect,and then further to strengthen and establish an efficient system of corporate reorganization in Taiwan.Chaper VI,VII will discusses the the corporate governance and new money obtained efficiently about the companies entered into the relief of the coporate reorganization(including the author’s unique solution mentioned above).
To conclude,the paper will provides the efficient suggestions and correct solutions for improving and upgrading the current system of corporate reorganization in Taiwan and then benefit the whole society’s welfare.

並列關鍵字

System of Corporate Reorganization ； American Law and Regulations ； New Money Obtained ； Bargain in Corporate Reorganization ； Corporate Governance of Corporate Reorganization

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