With the development of merchandise economy, corporations personality causes a series of company problems, for the difficulty to establish an effective restriction mechanism and produce the deviation of rights, hence the challenge to the value of the independent personality limited liability principle of the company.
It is very important to study the essential factor of legal personalit y of corporation for the alteration of the state-owned enterprises and the reali zation of independent personality of the state-owned corporation and the state-c ontrolled corporation.
The independent personality status of state -- owned enterprise corporations is beneficial to making the state-owned enterprises become really market subjects as well as to making the government realize the location of role and the transformation of function.
The independent personality of the company is an important basic content in modern corporate law system, Strictly following the execution of this system has extremely significance for promoting the development of entire social economy.
In the modern corporation legal system,the independent personality and independent capacity for the civil liability of corporation sever the liability relationship between the shareholders and creditors,forming the liability relationship between the shareholders and corporation,the liability relationship between corporation and creditors.
Like ordinary company, one-man company has legal-person nature, is a subject with independent personality, limited liability of the company's shareholders become one of the basic principles of the system.
Theoretical explanation and legal definition differ in different countries, but after integrated analysis, we could conclude that the independence includes four aspects: independent personality, which emphasized that independent director shouldn't be controlled by other people in the company and execute independent judgment over company operation and exert authority;