「公司治理」(Corporate.docVIP

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「公司治理」(Corporate.doc

Opening Remarks Director Huei-Huang Lin 2008.12.04 The Honorable Justice and Mrs. Randy Holland, Director John Pastor of the International Dept. of the State of Delaware’s Office of Management Budget, Attorney Jeremy Anderson, Representative Eric Chow of the Delaware Representative Office in Taipei, distinguished senior master and colleagues in the legal field, distinguished guests, and the students of the 49th Class of the Judges and Prosecutors Training Institute (JPTI): Good morning and greetings to you all. On behalf of the “Symposium on Securities Exchange Regulation in U.S. and Taiwan,” I would like to extend a warm welcome to you all for attending and participating in this meaningful Symposium. This Symposium came about as a result of Justice Holland’s visit to our Judges and Prosecutors Training Institute (JPTI) last December, a part of the judicial exchange between Delaware and Taiwan. During our meeting, Justice Holland mentioned that the recent number of major “insider trading” cases in the U.S. and Taiwan involve a host of legal issues, but the most fundamental way to effectively deter these insiders trading from occurring is to establish a flawless system of Corporate Governance in order to effectively promote the notion of Business Ethics. I concur with Justice Holland’s astute observation. I subsequently learned that the State of Delaware is famous for its business-friendly corporate legal environment. The business laws in Delaware General Corporation Law very well developed. Moreover, a relatively unique feature is the existence of the Delaware Court of Chancery that specializes in handling civil and criminal aspects of business disputes. The authoritative and prospective case judgments issued by the Delaware Court of Chancery have become legal precedents that are well regarded for their decisive impact on the corporate laws of other states in the Union. In terms of litigation procedures, the Del

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