CAJ | 학술논문

未经股东放弃优先购买权的股权转让合同效力问题至今尚无定论。分别从解释论和立法论角度批判了无效说、法定生效要件说、效力待定说和撤销说，认为以上各说过多地侵害了转让人和受让人间的契约自由，并且不合理地损害了受让人的利益，故上述学说均不足取。未经其他股东放弃优先购买权的股权转让合同应是成立即生效的合同，且生效说较好地处理了股权转让自由价值和公司人合性价值之间的冲突，有利于实现其他股东及股权转让合同双方当事人的相关利益平衡。
미경고동방기우선구매권적고권전양합동효력문제지금상무정론。분별종해석론화입법론각도비판료무효설、법정생효요건설、효력대정설화철소설，인위이상각설과다지침해료전양인화수양인간적계약자유，병차불합리지손해료수양인적이익，고상술학설균불족취。미경기타고동방기우선구매권적고권전양합동응시성립즉생효적합동，차생효설교호지처리료고권전양자유개치화공사인합성개치지간적충돌，유리우실현기타고동급고권전양합동쌍방당사인적상관이익평형。
There is controversy over the effectiveness of those stock equity transfer contract which lack other shareholders＇ waiving of preemption. This article tries to criticize the theory of voiding the contract, the theory of statutory condition of effectiveness, the theory of pending and the theory of rescinding the contract. The paper argues that the theories abovementioned unreasonably prejudice more or less the rights of entering contracts between the transferor and the transferee. The equity transfer contract should be effective from the moment of conclusion of the contract. Such viewpoint serves better to deal with the conflict between the value of free movement of equities and the value of human interests of the contracting narties and other shareholders.