Abstract
The director is a crucial operation mechanism in the current legal person system. In the transaction of legal person, the director's self-dealing behavior means that the director who has the decision-making power of the company makes use of his authority to make himself or his stakeholders trade with the company. On the one hand, because it is contrary to the loyalty obligation of directors and the principle of honesty and credit in the field of private law, the self-dealing behavior of directors should be prohibited from the legal or moral point of view. On the other hand, out of the pursuit of interests and efficiency, the directors with management authority can make use of the information and authority they have, and trade with the company as individuals, which can reduce the trading time and exchange for higher capital flow. In view of the above situation, this paper starts from the basic theory of directors' self-dealing behavior, reveals its basic legal connotation and characteristics, analyzes the reasonable basis for its regulation, analyzes the current legislative defects, compares the relevant systems outside the country, and explores the ways to improve this system.
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