董事会中心主义下的公司实际控制人治理

Corporate Governance by Actual Controller under Board Centralism

摘要: 股东本位的公司治理思路下，公司实际控制人治理出现主体定位模糊、责任规则缺失等问题，究其原因是异化后的公司控制权以及公司控制权架构同工业时代的公司法制度脱轨。顺应董事会中心主义的公司治理转型，引入实质董事规则成为兼容公司法与实际控制人制度的桥梁，在此基础上从董事规则中提取控制规则，能够搭建起公司实际控制人权责体系，对优化营商环境、引导企业高质量发展具有重大意义。

Abstract: Under the stockholder-oriented corporate governance, problems such as fuzzy subject positioning and lack of responsibility rules appear in the governance of the actual controller of the company. The reason is that the alienated corporate control rights and the corporate control structure are derailed from the corporate law system in the industrial era. In accordance with the corporate governance transformation of board centralism, the introduction of substantive director rules becomes a bridge between the company law and the actual controller system. On this basis, the control rules extracted from the director rules can build the actual controller rights and responsibilities system of the company, which is of great significance for optimizing the business environment and guiding the high-quality development of enterprises.