{"id":71207,"date":"2025-07-31T20:28:44","date_gmt":"2025-07-31T11:28:44","guid":{"rendered":"https:\/\/monolith.law\/vi\/?p=71207"},"modified":"2025-09-28T15:17:40","modified_gmt":"2025-09-28T06:17:40","slug":"director-duty-judgment-japan","status":"publish","type":"post","link":"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan","title":{"rendered":"Tr\u00e1ch nhi\u1ec7m qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng v\u00e0 nguy\u00ean t\u1eafc quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd trong Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n"},"content":{"rendered":"\n<p>Trong qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p Nh\u1eadt B\u1ea3n, c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb \u0111\u00f3ng vai tr\u00f2 trung t\u00e2m trong vi\u1ec7c \u0111\u1ea3m b\u1ea3o s\u1ef1 ph\u00e1t tri\u1ec3n v\u00e0 b\u1ec1n v\u1eefng c\u1ee7a c\u00f4ng ty. Vai tr\u00f2 n\u00e0y \u0111i k\u00e8m v\u1edbi tr\u00e1ch nhi\u1ec7m ph\u00e1p l\u00fd nghi\u00eam tr\u1ecdng \u0111\u1ed1i v\u1edbi c\u00f4ng ty. \u0110\u1eb7c bi\u1ec7t quan tr\u1ecdng l\u00e0 hai kh\u00e1i ni\u1ec7m &#8220;ngh\u0129a v\u1ee5 ch\u00fa \u00fd t\u1ed1t&#8221; v\u00e0 &#8220;nguy\u00ean t\u1eafc quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd&#8221;, \u0111\u00e2y l\u00e0 nh\u1eefng ti\u00eau chu\u1ea9n v\u1ec1 s\u1ef1 ch\u00fa \u00fd m\u00e0 c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb c\u1ea7n tu\u00e2n th\u1ee7 khi th\u1ef1c hi\u1ec7n nhi\u1ec7m v\u1ee5 v\u00e0 ph\u1ea1m vi tr\u00e1ch nhi\u1ec7m c\u1ee7a h\u1ecd khi quy\u1ebft \u0111\u1ecbnh c\u1ee7a h\u1ecd b\u1ecb \u0111\u1eb7t d\u01b0\u1edbi s\u1ef1 xem x\u00e9t sau n\u00e0y. Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n (Japanese Corporate Law) y\u00eau c\u1ea7u c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb ph\u1ea3i tu\u00e2n th\u1ee7 m\u1ed9t ti\u00eau chu\u1ea9n cao v\u1ec1 ngh\u0129a v\u1ee5 ch\u00fa \u00fd, trong khi v\u1eabn t\u00f4n tr\u1ecdng quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd \u0111\u1ec3 kh\u00f4ng c\u1ea3n tr\u1edf vi\u1ec7c l\u1ea5y r\u1ee7i ro c\u1ea7n thi\u1ebft cho vi\u1ec7c kinh doanh.<\/p>\n\n\n\n<p>B\u00e0i vi\u1ebft n\u00e0y gi\u1ea3i th\u00edch v\u1ec1 ngh\u0129a v\u1ee5 ch\u00fa \u00fd t\u1ed1t v\u00e0 nguy\u00ean t\u1eafc quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd c\u1ee7a c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb theo Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n, bao g\u1ed3m \u0111\u1ecbnh ngh\u0129a, c\u01a1 s\u1edf ph\u00e1p l\u00fd, v\u00e0 c\u00e1ch \u00e1p d\u1ee5ng c\u1ee5 th\u1ec3 trong c\u00e1c tr\u01b0\u1eddng h\u1ee3p x\u00e9t x\u1eed t\u1ea1i Nh\u1eadt B\u1ea3n. B\u1eb1ng c\u00e1ch d\u1ef1a tr\u00ean c\u00e1c quy \u0111\u1ecbnh ph\u00e1p lu\u1eadt c\u1ee7a Nh\u1eadt B\u1ea3n v\u00e0 th\u00f4ng qua c\u00e1c tr\u01b0\u1eddng h\u1ee3p x\u00e9t x\u1eed th\u1ef1c t\u1ebf, b\u00e0i vi\u1ebft nh\u1eb1m l\u00e0m s\u00e2u s\u1eafc th\u00eam hi\u1ec3u bi\u1ebft v\u1ec1 qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p t\u1ea1i Nh\u1eadt B\u1ea3n.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Nghia_vu_chu_y_quan_ly_can_trong_cua_cac_giam_doc_theo_Luat_Cong_ty_Nhat_Ban\" title=\"Ngh\u0129a v\u1ee5 ch\u00fa \u00fd qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c theo Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n\">Ngh\u0129a v\u1ee5 ch\u00fa \u00fd qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c theo Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Nghia_vu_quan_ly_can_trong_theo_Luat_Cong_ty_cua_Nhat_Ban\" title=\"Ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n\">Ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Trach_nhiem_cua_cac_giam_doc_vi_pham_nghia_vu_quan_ly_can_trong_theo_luat_phap_Nhat_Ban\" title=\"Tr\u00e1ch nhi\u1ec7m c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo lu\u1eadt ph\u00e1p Nh\u1eadt B\u1ea3n\">Tr\u00e1ch nhi\u1ec7m c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo lu\u1eadt ph\u00e1p Nh\u1eadt B\u1ea3n<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Nguyen_tac_Quyet_dinh_Quan_ly_va_Ap_dung_cua_no_tai_Nhat_Ban\" title=\"Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd v\u00e0 \u00c1p d\u1ee5ng c\u1ee7a n\u00f3 t\u1ea1i Nh\u1eadt B\u1ea3n\">Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd v\u00e0 \u00c1p d\u1ee5ng c\u1ee7a n\u00f3 t\u1ea1i Nh\u1eadt B\u1ea3n<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Nguyen_tac_Quyet_dinh_Quan_ly_la_gi\" title=\"Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd l\u00e0 g\u00ec?\">Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd l\u00e0 g\u00ec?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#%E2%80%9CNguyen_tac_Quyet_dinh_Quan_ly%E2%80%9D_va_Thai_do_cua_Toa_an_Nhat_Ban\" title=\"&#8220;Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd&#8221; v\u00e0 Th\u00e1i \u0111\u1ed9 c\u1ee7a T\u00f2a \u00e1n Nh\u1eadt B\u1ea3n\">&#8220;Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd&#8221; v\u00e0 Th\u00e1i \u0111\u1ed9 c\u1ee7a T\u00f2a \u00e1n Nh\u1eadt B\u1ea3n<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Nguyen_tac_Quan_ly_Sang_suot_va_Quyet_dinh_Quan_tri_qua_Cac_Phan_quyet_cua_Toa_an_Nhat_Ban\" title=\"Nguy\u00ean t\u1eafc Qu\u1ea3n l\u00fd S\u00e1ng su\u1ed1t v\u00e0 Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n tr\u1ecb qua C\u00e1c Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n Nh\u1eadt B\u1ea3n\">Nguy\u00ean t\u1eafc Qu\u1ea3n l\u00fd S\u00e1ng su\u1ed1t v\u00e0 Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n tr\u1ecb qua C\u00e1c Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n Nh\u1eadt B\u1ea3n<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Phan_quyet_vu_an_Japan_Sunrise_Toa_an_quan_Tokyo_ngay_27_thang_9_nam_1993\" title=\"Ph\u00e1n quy\u1ebft v\u1ee5 \u00e1n Japan Sunrise (T\u00f2a \u00e1n qu\u1eadn Tokyo, ng\u00e0y 27 th\u00e1ng 9 n\u0103m 1993)\">Ph\u00e1n quy\u1ebft v\u1ee5 \u00e1n Japan Sunrise (T\u00f2a \u00e1n qu\u1eadn Tokyo, ng\u00e0y 27 th\u00e1ng 9 n\u0103m 1993)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Phan_quyet_lien_quan_den_su_bien_mat_tai_san_quy_huu_tri_cua_AIJ_Investment_Advisors_Phan_quyet_cua_Toa_an_quan_Tokyo_ngay_14_thang_7_nam_2016\" title=\"Ph\u00e1n quy\u1ebft li\u00ean quan \u0111\u1ebfn s\u1ef1 bi\u1ebfn m\u1ea5t t\u00e0i s\u1ea3n qu\u1ef9 h\u01b0u tr\u00ed c\u1ee7a AIJ Investment Advisors (Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n qu\u1eadn Tokyo ng\u00e0y 14 th\u00e1ng 7 n\u0103m 2016)\">Ph\u00e1n quy\u1ebft li\u00ean quan \u0111\u1ebfn s\u1ef1 bi\u1ebfn m\u1ea5t t\u00e0i s\u1ea3n qu\u1ef9 h\u01b0u tr\u00ed c\u1ee7a AIJ Investment Advisors (Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n qu\u1eadn Tokyo ng\u00e0y 14 th\u00e1ng 7 n\u0103m 2016)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Quan_diem_cua_toa_an_Nhat_Ban_qua_cac_phan_quyet\" title=\"Quan \u0111i\u1ec3m c\u1ee7a t\u00f2a \u00e1n Nh\u1eadt B\u1ea3n qua c\u00e1c ph\u00e1n quy\u1ebft\">Quan \u0111i\u1ec3m c\u1ee7a t\u00f2a \u00e1n Nh\u1eadt B\u1ea3n qua c\u00e1c ph\u00e1n quy\u1ebft<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/vi\/general-corporate\/director-duty-judgment-japan\/#Tom_luoc\" title=\"T\u00f3m l\u01b0\u1ee3c\">T\u00f3m l\u01b0\u1ee3c<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nghia_vu_chu_y_quan_ly_can_trong_cua_cac_giam_doc_theo_Luat_Cong_ty_Nhat_Ban\"><\/span>Ngh\u0129a v\u1ee5 ch\u00fa \u00fd qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c theo Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nghia_vu_quan_ly_can_trong_theo_Luat_Cong_ty_cua_Nhat_Ban\"><\/span>Ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Trong vai tr\u00f2 \u0111\u01b0\u1ee3c \u1ee7y th\u00e1c t\u1eeb c\u00f4ng ty, c\u00e1c gi\u00e1m \u0111\u1ed1c ph\u1ea3i ch\u1ecbu &#8220;ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng&#8221; \u0111\u1ed1i v\u1edbi c\u00f4ng ty. Ngh\u0129a v\u1ee5 n\u00e0y \u0111\u1ec1 c\u1eadp \u0111\u1ebfn m\u1ee9c \u0111\u1ed9 ch\u00fa \u00fd c\u1ea7n thi\u1ebft m\u00e0 x\u00e3 h\u1ed9i y\u00eau c\u1ea7u t\u1eeb v\u1ecb tr\u00ed x\u00e3 h\u1ed9i c\u1ee7a ng\u01b0\u1eddi \u0111\u00f3. \u0110i\u1ec1u 330 c\u1ee7a Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n quy \u0111\u1ecbnh r\u1eb1ng &#8220;m\u1ed1i quan h\u1ec7 gi\u1eefa c\u00f4ng ty c\u1ed5 ph\u1ea7n v\u00e0 c\u00e1c qu\u1ea3n l\u00fd c\u0169ng nh\u01b0 ki\u1ec3m to\u00e1n vi\u00ean k\u1ebf to\u00e1n tu\u00e2n theo c\u00e1c quy \u0111\u1ecbnh v\u1ec1 \u1ee7y th\u00e1c&#8221;, t\u1eeb \u0111\u00f3 \u00e1p d\u1ee5ng ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo \u0110i\u1ec1u 644 c\u1ee7a B\u1ed9 lu\u1eadt D\u00e2n s\u1ef1 Nh\u1eadt B\u1ea3n cho c\u00e1c gi\u00e1m \u0111\u1ed1c. \u0110i\u1ec1u 644 c\u1ee7a B\u1ed9 lu\u1eadt D\u00e2n s\u1ef1 Nh\u1eadt B\u1ea3n quy \u0111\u1ecbnh r\u1eb1ng &#8220;ng\u01b0\u1eddi nh\u1eadn \u1ee7y th\u00e1c ph\u1ea3i th\u1ef1c hi\u1ec7n c\u00f4ng vi\u1ec7c \u1ee7y th\u00e1c theo m\u1ee5c \u0111\u00edch c\u1ee7a \u1ee7y th\u00e1c v\u00e0 v\u1edbi s\u1ef1 ch\u00fa \u00fd c\u1ee7a m\u1ed9t ng\u01b0\u1eddi qu\u1ea3n l\u00fd t\u1ed1t&#8221;. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 c\u00e1c gi\u00e1m \u0111\u1ed1c c\u1ea7n ph\u1ea3i s\u1eed d\u1ee5ng tri th\u1ee9c v\u00e0 kinh nghi\u1ec7m c\u1ee7a m\u00ecnh m\u1ed9t c\u00e1ch t\u1ed1i \u0111a \u0111\u1ec3 b\u1ea3o v\u1ec7 l\u1ee3i \u00edch t\u1ed1t nh\u1ea5t c\u1ee7a c\u00f4ng ty (c\u1ed5 \u0111\u00f4ng), \u0111\u1ed3ng th\u1eddi \u0111\u00e2y l\u00e0 m\u1ed9t ngh\u0129a v\u1ee5 r\u1ea5t cao.<\/p>\n\n\n\n<p>Ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n y\u00eau c\u1ea7u m\u1ed9t ti\u00eau chu\u1ea9n cao c\u1ee7a &#8220;s\u1ef1 ch\u00fa \u00fd c\u1ee7a m\u1ed9t ng\u01b0\u1eddi qu\u1ea3n l\u00fd t\u1ed1t&#8221; d\u1ef1a tr\u00ean h\u1ee3p \u0111\u1ed3ng \u1ee7y th\u00e1c theo B\u1ed9 lu\u1eadt D\u00e2n s\u1ef1 Nh\u1eadt B\u1ea3n. Ti\u00eau chu\u1ea9n n\u00e0y kh\u00f4ng ch\u1ec9 y\u00eau c\u1ea7u c\u00e1c gi\u00e1m \u0111\u1ed1c tr\u00e1nh l\u1ed7i l\u1ea7m m\u00e0 c\u00f2n ph\u1ea3i s\u1eed d\u1ee5ng tri th\u1ee9c v\u00e0 kinh nghi\u1ec7m chuy\u00ean m\u00f4n c\u1ee7a m\u00ecnh m\u1ed9t c\u00e1ch t\u1ed1i \u0111a, h\u00e0nh \u0111\u1ed9ng t\u00edch c\u1ef1c v\u00ec l\u1ee3i \u00edch c\u1ee7a c\u00f4ng ty, t\u1ee9c l\u00e0 &#8220;ngh\u0129a v\u1ee5 ch\u00fa \u00fd c\u1ee7a m\u1ed9t chuy\u00ean nghi\u1ec7p&#8221;. Ngh\u0129a v\u1ee5 cao n\u00e0y r\u1ea5t quan tr\u1ecdng trong vi\u1ec7c hi\u1ec3u r\u00f5 tr\u00e1ch nhi\u1ec7m c\u00e1 nh\u00e2n trong qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p t\u1ea1i Nh\u1eadt B\u1ea3n. C\u00e1c gi\u00e1m \u0111\u1ed1c kh\u00f4ng th\u1ec3 tho\u00e1t kh\u1ecfi tr\u00e1ch nhi\u1ec7m ch\u1ec9 v\u1edbi l\u00fd do &#8220;kh\u00f4ng bi\u1ebft&#8221;, m\u00e0 ph\u1ea3i ch\u1ee7 \u0111\u1ed9ng thu th\u1eadp, ph\u00e2n t\u00edch v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh, \u0111i\u1ec1u n\u00e0y \u0111\u01b0\u1ee3c th\u1ec3 hi\u1ec7n qua b\u1ea3n ch\u1ea5t c\u1ee7a ngh\u0129a v\u1ee5 n\u00e0y.<\/p>\n\n\n\n<p>Ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u00f3 li\u00ean quan m\u1eadt thi\u1ebft \u0111\u1ebfn &#8220;ngh\u0129a v\u1ee5 trung th\u00e0nh&#8221;. \u0110i\u1ec1u 355 c\u1ee7a Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n quy \u0111\u1ecbnh r\u1eb1ng &#8220;c\u00e1c gi\u00e1m \u0111\u1ed1c ph\u1ea3i tu\u00e2n th\u1ee7 ph\u00e1p lu\u1eadt v\u00e0 \u0111i\u1ec1u l\u1ec7 c\u0169ng nh\u01b0 ngh\u1ecb quy\u1ebft c\u1ee7a \u0111\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng v\u00e0 th\u1ef1c hi\u1ec7n trung th\u00e0nh nhi\u1ec7m v\u1ee5 c\u1ee7a m\u00ecnh v\u00ec c\u00f4ng ty&#8221;. Ngh\u0129a v\u1ee5 trung th\u00e0nh y\u00eau c\u1ea7u c\u00e1c gi\u00e1m \u0111\u1ed1c ph\u1ea3i \u01b0u ti\u00ean l\u1ee3i \u00edch c\u1ee7a c\u00f4ng ty, kh\u00f4ng s\u1eed d\u1ee5ng kh\u00f4ng ch\u00ednh \u0111\u00e1ng ki\u1ebfn th\u1ee9c ho\u1eb7c th\u00f4ng tin c\u1ee7a c\u00f4ng ty v\u00ec l\u1ee3i \u00edch c\u00e1 nh\u00e2n ho\u1eb7c c\u1ee7a b\u00ean th\u1ee9 ba. T\u00f2a \u00e1n T\u1ed1i cao Nh\u1eadt B\u1ea3n \u0111\u00e3 ph\u00e1n quy\u1ebft r\u1eb1ng ngh\u0129a v\u1ee5 trung th\u00e0nh l\u00e0 s\u1ef1 m\u1edf r\u1ed9ng v\u00e0 l\u00e0m r\u00f5 ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng, kh\u00f4ng ph\u1ea3i l\u00e0 &#8220;m\u1ed9t ngh\u0129a v\u1ee5 cao c\u1ea5p ri\u00eang bi\u1ec7t&#8221; so v\u1edbi ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng th\u00f4ng th\u01b0\u1eddng \u0111i k\u00e8m v\u1edbi m\u1ed1i quan h\u1ec7 \u1ee7y th\u00e1c (Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n T\u1ed1i cao ng\u00e0y 24 th\u00e1ng 6 n\u0103m 1970 (1970), T\u1eadp 24, S\u1ed1 6, trang 625). Quan \u0111i\u1ec3m n\u00e0y \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 trong th\u1ef1c ti\u1ec5n, c\u00e1c gi\u00e1m \u0111\u1ed1c kh\u00f4ng c\u1ea7n ph\u1ea3i xem x\u00e9t hai ngh\u0129a v\u1ee5 kh\u00e1c nhau m\u1ed9t c\u00e1ch ri\u00eang bi\u1ec7t m\u00e0 ph\u1ea3i h\u00e0nh \u0111\u1ed9ng trung th\u00e0nh trong khu\u00f4n kh\u1ed5 t\u1ed5ng th\u1ec3 c\u1ee7a ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng. Vi\u1ec7c T\u00f2a \u00e1n T\u1ed1i cao Nh\u1eadt B\u1ea3n \u0111\u1ecbnh v\u1ecb ngh\u0129a v\u1ee5 trung th\u00e0nh l\u00e0 s\u1ef1 l\u00e0m r\u00f5 c\u1ee7a ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng v\u00e0 kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t ngh\u0129a v\u1ee5 cao c\u1ea5p ri\u00eang bi\u1ec7t c\u00f3 ngh\u0129a l\u00e0 c\u00e1c gi\u00e1m \u0111\u1ed1c kh\u00f4ng c\u1ea7n ph\u1ea3i th\u1ef1c hi\u1ec7n vi\u1ec7c \u0111i\u1ec1u ch\u1ec9nh ph\u1ee9c t\u1ea1p gi\u1eefa hai ngh\u0129a v\u1ee5 kh\u00e1c nhau. C\u00e1ch ti\u1ebfp c\u1eadn t\u00edch h\u1ee3p n\u00e0y cung c\u1ea5p m\u1ed9t b\u1ed9 quy t\u1eafc h\u00e0nh \u0111\u1ed9ng r\u00f5 r\u00e0ng v\u00e0 th\u1ed1ng nh\u1ea5t cho c\u00e1c gi\u00e1m \u0111\u1ed1c khi h\u1ecd h\u00e0nh \u0111\u1ed9ng v\u00ec l\u1ee3i \u00edch t\u1ed1t nh\u1ea5t c\u1ee7a c\u00f4ng ty, \u0111\u1ed3ng th\u1eddi t\u0103ng c\u01b0\u1eddng kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n tu\u00e2n th\u1ee7 ph\u00e1p lu\u1eadt.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trach_nhiem_cua_cac_giam_doc_vi_pham_nghia_vu_quan_ly_can_trong_theo_luat_phap_Nhat_Ban\"><\/span>Tr\u00e1ch nhi\u1ec7m c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng theo lu\u1eadt ph\u00e1p Nh\u1eadt B\u1ea3n<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Khi vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng, c\u00e1c gi\u00e1m \u0111\u1ed1c c\u00f3 th\u1ec3 ph\u1ea3i ch\u1ecbu nhi\u1ec1u tr\u00e1ch nhi\u1ec7m kh\u00e1c nhau. Tr\u00e1ch nhi\u1ec7m tr\u1ef1c ti\u1ebfp nh\u1ea5t l\u00e0 tr\u00e1ch nhi\u1ec7m b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i cho c\u00f4ng ty, hay c\u00f2n g\u1ecdi l\u00e0 &#8220;tr\u00e1ch nhi\u1ec7m do s\u01a1 su\u1ea5t trong nhi\u1ec7m v\u1ee5&#8221;. \u0110i\u1ec1u 423, kho\u1ea3n 1 c\u1ee7a Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n quy \u0111\u1ecbnh r\u00f5 r\u00e0ng r\u1eb1ng, &#8220;C\u00e1c gi\u00e1m \u0111\u1ed1c, c\u1ed1 v\u1ea5n k\u1ebf to\u00e1n, ki\u1ec3m to\u00e1n vi\u00ean, ng\u01b0\u1eddi th\u1ef1c thi nhi\u1ec7m v\u1ee5 ho\u1eb7c ki\u1ec3m to\u00e1n vi\u00ean k\u1ebf to\u00e1n (sau \u0111\u00e2y g\u1ecdi chung l\u00e0 &#8216;c\u00e1c quan ch\u1ee9c v\u00e0 nh\u1eefng ng\u01b0\u1eddi t\u01b0\u01a1ng t\u1ef1&#8217;) ph\u1ea3i ch\u1ecbu tr\u00e1ch nhi\u1ec7m b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i cho c\u00f4ng ty c\u1ed5 ph\u1ea7n khi h\u1ecd s\u01a1 su\u1ea5t trong nhi\u1ec7m v\u1ee5 c\u1ee7a m\u00ecnh&#8221;. \u0110i\u1ec1u n\u00e0y \u00e1p d\u1ee5ng khi c\u00e1c gi\u00e1m \u0111\u1ed1c kh\u00f4ng tu\u00e2n th\u1ee7 ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng v\u00e0 g\u00e2y thi\u1ec7t h\u1ea1i cho c\u00f4ng ty. Ph\u1ea1m vi b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i s\u1ebd gi\u1edbi h\u1ea1n trong khu\u00f4n kh\u1ed5 c\u00f3 &#8220;m\u1ed1i quan h\u1ec7 nh\u00e2n qu\u1ea3 h\u1ee3p l\u00fd&#8221; v\u1edbi h\u00e0nh vi vi ph\u1ea1m ngh\u0129a v\u1ee5.<\/p>\n\n\n\n<p>H\u01a1n n\u1eefa, n\u1ebfu vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng xu\u1ea5t ph\u00e1t t\u1eeb \u00e1c \u00fd ho\u1eb7c s\u01a1 su\u1ea5t nghi\u00eam tr\u1ecdng c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c, h\u1ecd c\u0169ng c\u00f3 th\u1ec3 ph\u1ea3i ch\u1ecbu tr\u00e1ch nhi\u1ec7m b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i cho b\u00ean th\u1ee9 ba kh\u00f4ng ph\u1ea3i l\u00e0 c\u00f4ng ty. \u0110i\u1ec1u 429, kho\u1ea3n 1 c\u1ee7a Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n quy \u0111\u1ecbnh, &#8220;Khi c\u00e1c quan ch\u1ee9c v\u00e0 nh\u1eefng ng\u01b0\u1eddi t\u01b0\u01a1ng t\u1ef1 th\u1ef1c hi\u1ec7n nhi\u1ec7m v\u1ee5 c\u1ee7a m\u00ecnh v\u1edbi \u00e1c \u00fd ho\u1eb7c s\u01a1 su\u1ea5t nghi\u00eam tr\u1ecdng, h\u1ecd ph\u1ea3i ch\u1ecbu tr\u00e1ch nhi\u1ec7m b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i cho b\u00ean th\u1ee9 ba&#8221;. Quy \u0111\u1ecbnh n\u00e0y \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 tr\u00e1ch nhi\u1ec7m ph\u00e1p l\u00fd \u0111\u1eb7c bi\u1ec7t \u0111\u01b0\u1ee3c thi\u1ebft l\u1eadp t\u1eeb quan \u0111i\u1ec3m ch\u00ednh s\u00e1ch \u0111\u1ec3 ng\u0103n ch\u1eb7n tr\u01b0\u1eddng h\u1ee3p b\u00ean th\u1ee9 ba ph\u1ea3i ch\u1ecbu thi\u1ec7t h\u1ea1i kh\u00f4ng l\u01b0\u1eddng tr\u01b0\u1edbc khi c\u00f4ng ty kh\u00f4ng c\u00f3 kh\u1ea3 n\u0103ng t\u00e0i ch\u00ednh. Th\u1ef1c t\u1ebf r\u1eb1ng vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn tr\u00e1ch nhi\u1ec7m b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i cho c\u00f4ng ty, tr\u00e1ch nhi\u1ec7m b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i cho b\u00ean th\u1ee9 ba trong tr\u01b0\u1eddng h\u1ee3p c\u00f3 \u00e1c \u00fd ho\u1eb7c s\u01a1 su\u1ea5t nghi\u00eam tr\u1ecdng, v\u00e0 th\u1eadm ch\u00ed c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn vi\u1ec7c b\u1ecb mi\u1ec5n nhi\u1ec7m, cho th\u1ea5y r\u1eb1ng r\u1ee7i ro ph\u00e1p l\u00fd c\u00e1 nh\u00e2n \u0111\u1ed1i v\u1edbi c\u00e1c gi\u00e1m \u0111\u1ed1c l\u00e0 r\u1ea5t cao. R\u1ee7i ro cao n\u00e0y nh\u1ea5n m\u1ea1nh t\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c th\u1ef1c hi\u1ec7n due diligence k\u1ef9 l\u01b0\u1ee1ng, minh b\u1ea1ch trong qu\u00e1 tr\u00ecnh ra quy\u1ebft \u0111\u1ecbnh, v\u00e0 vi\u1ec7c gi\u1eef g\u00ecn h\u1ed3 s\u01a1 \u0111\u1ea7y \u0111\u1ee7 v\u00e0 ch\u00ednh x\u00e1c khi c\u00e1c gi\u00e1m \u0111\u1ed1c \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd. Ngay c\u1ea3 khi k\u1ebft qu\u1ea3 kh\u00f4ng nh\u01b0 mong \u0111\u1ee3i, n\u1ebfu c\u00f3 b\u1eb1ng ch\u1ee9ng cho th\u1ea5y qu\u00e1 tr\u00ecnh ra quy\u1ebft \u0111\u1ecbnh \u0111\u00e3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u0111\u00fang \u0111\u1eafn, c\u00f3 th\u1ec3 tr\u00e1nh \u0111\u01b0\u1ee3c tr\u00e1ch nhi\u1ec7m, do \u0111\u00f3 vi\u1ec7c ghi ch\u00e9p r\u00f5 r\u00e0ng qu\u00e1 tr\u00ecnh v\u00e0 c\u01a1 s\u1edf ra quy\u1ebft \u0111\u1ecbnh l\u00e0 v\u00f4 c\u00f9ng quan tr\u1ecdng \u0111\u1ed1i v\u1edbi vi\u1ec7c t\u1ef1 v\u1ec7 c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c.<\/p>\n\n\n\n<p>Ngo\u00e0i ra, c\u00e1c gi\u00e1m \u0111\u1ed1c vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u0169ng c\u00f3 th\u1ec3 b\u1ecb mi\u1ec5n nhi\u1ec7m th\u00f4ng qua ngh\u1ecb quy\u1ebft c\u1ee7a \u0111\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng. \u0110i\u1ec1u 339, kho\u1ea3n 1 c\u1ee7a Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n quy \u0111\u1ecbnh, &#8220;C\u00e1c quan ch\u1ee9c v\u00e0 ki\u1ec3m to\u00e1n vi\u00ean k\u1ebf to\u00e1n c\u00f3 th\u1ec3 b\u1ecb mi\u1ec5n nhi\u1ec7m b\u1ea5t c\u1ee9 l\u00fac n\u00e0o th\u00f4ng qua ngh\u1ecb quy\u1ebft c\u1ee7a \u0111\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng&#8221;, v\u00e0 \u0110i\u1ec1u 341 c\u1ee7a Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n \u0111\u1eb7t ra c\u00e1c y\u00eau c\u1ea7u cho ngh\u1ecb quy\u1ebft mi\u1ec5n nhi\u1ec7m n\u00e0y.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nguyen_tac_Quyet_dinh_Quan_ly_va_Ap_dung_cua_no_tai_Nhat_Ban\"><\/span>Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd v\u00e0 \u00c1p d\u1ee5ng c\u1ee7a n\u00f3 t\u1ea1i Nh\u1eadt B\u1ea3n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nguyen_tac_Quyet_dinh_Quan_ly_la_gi\"><\/span>Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd l\u00e0 g\u00ec?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Qu\u1ea3n l\u00fd doanh nghi\u1ec7p lu\u00f4n li\u00ean quan \u0111\u1ebfn vi\u1ec7c \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh li\u00ean t\u1ee5c trong b\u1ed1i c\u1ea3nh kh\u00f4ng ch\u1eafc ch\u1eafn v\u00e0 r\u1ee7i ro. C\u00e1c gi\u00e1m \u0111\u1ed1c, \u0111\u01b0\u1ee3c \u1ee7y quy\u1ec1n t\u1eeb c\u1ed5 \u0111\u00f4ng, c\u1ea7n ph\u1ea3i th\u1ef1c hi\u1ec7n quy\u1ec1n l\u1ef1a ch\u1ecdn r\u1ed9ng l\u1edbn, \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7y r\u1ee7i ro nh\u01b0 m\u1edf r\u1ed9ng kinh doanh m\u1edbi hay M&amp;A. Tuy nhi\u00ean, n\u1ebfu nh\u1eefng quy\u1ebft \u0111\u1ecbnh n\u00e0y cu\u1ed1i c\u00f9ng d\u1eabn \u0111\u1ebfn t\u1ed5n th\u1ea5t cho c\u00f4ng ty, gi\u00e1m \u0111\u1ed1c c\u00f3 th\u1ec3 b\u1ecb xem x\u00e9t v\u1ec1 vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng. Do \u0111\u00f3, &#8220;Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd&#8221; l\u00e0 ti\u00eau chu\u1ea9n \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 tr\u00e1ch nhi\u1ec7m ph\u00e1p l\u00fd c\u1ee7a c\u00e1c quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd m\u00e0 gi\u00e1m \u0111\u1ed1c \u0111\u00e3 th\u1ef1c hi\u1ec7n trong nh\u1eefng tr\u01b0\u1eddng h\u1ee3p nh\u01b0 v\u1eady.<\/p>\n\n\n\n<p>Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd l\u00e0 quan \u0111i\u1ec3m cho r\u1eb1ng, mi\u1ec5n l\u00e0 kh\u00f4ng c\u00f3 s\u01a1 su\u1ea5t \u0111\u00e1ng k\u1ec3 trong vi\u1ec7c nh\u1eadn th\u1ee9c c\u00e1c s\u1ef1 ki\u1ec7n c\u01a1 b\u1ea3n v\u00e0 n\u1ed9i dung quy\u1ebft \u0111\u1ecbnh kh\u00f4ng c\u1ef1c k\u1ef3 phi l\u00fd, th\u00ec kh\u00f4ng n\u00ean x\u00e1c \u0111\u1ecbnh vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng ho\u1eb7c ngh\u0129a v\u1ee5 trung th\u00e0nh. M\u1ee5c \u0111\u00edch c\u1ee7a nguy\u00ean t\u1eafc n\u00e0y l\u00e0 \u0111\u1ec3 qu\u1ea3n l\u00fd c\u00f3 th\u1ec3 t\u1eadp trung v\u00e0o vi\u1ec7c kinh doanh m\u00e0 kh\u00f4ng b\u1ecb e ng\u1ea1i, m\u1ea1o hi\u1ec3m \u0111\u1ec3 n\u00e2ng cao gi\u00e1 tr\u1ecb doanh nghi\u1ec7p.<\/p>\n\n\n\n<p>Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd nh\u1eb1m m\u1ee5c \u0111\u00edch t\u00f4n tr\u1ecdng quy\u1ec1n l\u1ef1a ch\u1ecdn c\u1ee7a gi\u00e1m \u0111\u1ed1c \u0111\u1ec3 h\u1ecd c\u00f3 th\u1ec3 \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd m\u1ea1o hi\u1ec3m m\u00e0 kh\u00f4ng b\u1ecb e ng\u1ea1i. Tuy nhi\u00ean, T\u00f2a \u00e1n T\u1ed1i cao Nh\u1eadt B\u1ea3n gi\u1eef th\u00e1i \u0111\u1ed9 th\u1eadn tr\u1ecdng v\u00e0 kh\u00f4ng t\u00edch c\u1ef1c \u1ee7ng h\u1ed9 nguy\u00ean t\u1eafc n\u00e0y nh\u01b0 m\u1ed9t c\u00f4ng th\u1ee9c ph\u00e1p l\u00fd r\u00f5 r\u00e0ng. T\u00ecnh h\u00ecnh n\u00e0y ng\u1ee5 \u00fd r\u1eb1ng gi\u00e1m \u0111\u1ed1c kh\u00f4ng n\u00ean coi nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd nh\u01b0 m\u1ed9t &#8220;l\u00e1 b\u00f9a h\u1ed9 m\u1ec7nh&#8221; to\u00e0n n\u0103ng. Thay v\u00e0o \u0111\u00f3, ngay c\u1ea3 khi k\u1ebft qu\u1ea3 kh\u00f4ng nh\u01b0 mong \u0111\u1ee3i, gi\u00e1m \u0111\u1ed1c c\u1ea7n ch\u1ee9ng minh c\u1ee5 th\u1ec3 r\u1eb1ng qu\u00e1 tr\u00ecnh v\u00e0 n\u1ed9i dung quy\u1ebft \u0111\u1ecbnh c\u1ee7a h\u1ecd l\u00e0 h\u1ee3p l\u00fd, v\u00e0 nguy\u00ean t\u1eafc n\u00e0y ch\u1ec9 ho\u1ea1t \u0111\u1ed9ng nh\u01b0 m\u1ed9t bi\u1ec7n ph\u00e1p ph\u00f2ng v\u1ec7 khi \u0111i k\u00e8m v\u1edbi s\u1ef1 th\u1eadn tr\u1ecdng v\u00e0 quy tr\u00ecnh quy\u1ebft \u0111\u1ecbnh minh b\u1ea1ch. \u0110i\u1ec1u n\u00e0y kh\u00f4ng lo\u1ea1i tr\u1eeb ho\u00e0n to\u00e0n kh\u1ea3 n\u0103ng gi\u00e1m \u0111\u1ed1c s\u1ebd b\u1ecb \u0111\u1eb7t ra tr\u00e1ch nhi\u1ec7m v\u1ec1 k\u1ebft qu\u1ea3, m\u00e0 th\u1ef1c t\u1ebf l\u00e0 h\u1ecd c\u00f3 th\u1ec3 b\u1ecb \u0111\u00e1nh gi\u00e1 nghi\u00eam ng\u1eb7t v\u1ec1 tr\u00e1ch nhi\u1ec7m quy tr\u00ecnh. Do \u0111\u00f3, vi\u1ec7c gi\u00e1m \u0111\u1ed1c l\u01b0u l\u1ea1i b\u1eb1ng ch\u1ee9ng v\u1ec1 qu\u00e1 tr\u00ecnh thu th\u1eadp th\u00f4ng tin, ph\u00e2n t\u00edch, t\u01b0 v\u1ea5n chuy\u00ean gia v\u00e0 th\u1ea3o lu\u1eadn t\u1ea1i h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb l\u00e0 v\u00f4 c\u00f9ng quan tr\u1ecdng.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%80%9CNguyen_tac_Quyet_dinh_Quan_ly%E2%80%9D_va_Thai_do_cua_Toa_an_Nhat_Ban\"><\/span>&#8220;Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd&#8221; v\u00e0 Th\u00e1i \u0111\u1ed9 c\u1ee7a T\u00f2a \u00e1n Nh\u1eadt B\u1ea3n<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Trong vi\u1ec7c \u00e1p d\u1ee5ng Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd, th\u1ef1c ti\u1ec5n x\u00e9t x\u1eed c\u1ee7a c\u00e1c t\u00f2a \u00e1n c\u1ea5p d\u01b0\u1edbi t\u1ea1i Nh\u1eadt B\u1ea3n c\u00f3 xu h\u01b0\u1edbng ph\u00e2n bi\u1ec7t gi\u1eefa &#8220;qu\u00e1 tr\u00ecnh quy\u1ebft \u0111\u1ecbnh&#8221; (m\u1eb7t th\u1ee7 t\u1ee5c) v\u00e0 &#8220;n\u1ed9i dung quy\u1ebft \u0111\u1ecbnh&#8221; (m\u1eb7t n\u1ed9i dung), \u0111\u1eb7c bi\u1ec7t \u00e1p d\u1ee5ng ti\u00eau chu\u1ea9n xem x\u00e9t nghi\u00eam ng\u1eb7t \u0111\u1ed1i v\u1edbi m\u1eb7t th\u1ee7 t\u1ee5c. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y qu\u00e1 tr\u00ecnh quy\u1ebft \u0111\u1ecbnh c\u1ee7a gi\u00e1m \u0111\u1ed1c c\u00f3 t\u1ea7m quan tr\u1ecdng ngang b\u1eb1ng ho\u1eb7c th\u1eadm ch\u00ed cao h\u01a1n k\u1ebft qu\u1ea3, \u0111\u1ed3ng th\u1eddi ng\u1ee5 \u00fd r\u1eb1ng vi\u1ec7c thu th\u1eadp th\u00f4ng tin k\u1ef9 l\u01b0\u1ee1ng, l\u1eafng nghe \u00fd ki\u1ebfn c\u1ee7a chuy\u00ean gia, th\u1ef1c hi\u1ec7n \u0111\u00e1nh gi\u00e1 r\u1ee7i ro v\u00e0 ghi ch\u00e9p, t\u00e0i li\u1ec7u h\u00f3a t\u1ea5t c\u1ea3 c\u00e1c quy tr\u00ecnh n\u00e0y s\u1ebd l\u00e0 bi\u1ec7n ph\u00e1p ph\u00f2ng v\u1ec7 m\u1ea1nh m\u1ebd ch\u1ed1ng l\u1ea1i truy c\u1ee9u tr\u00e1ch nhi\u1ec7m trong t\u01b0\u01a1ng lai. Do t\u00f2a \u00e1n coi tr\u1ecdng qu\u00e1 tr\u00ecnh thu th\u1eadp th\u00f4ng tin v\u00e0 th\u1ee7 t\u1ee5c d\u1eabn \u0111\u1ebfn quy\u1ebft \u0111\u1ecbnh, gi\u00e1m \u0111\u1ed1c c\u1ea7n l\u00e0m r\u00f5 &#8220;t\u1ea1i sao&#8221; v\u00e0 &#8220;l\u00e0m th\u1ebf n\u00e0o&#8221; trong quy\u1ebft \u0111\u1ecbnh c\u1ee7a h\u1ecd v\u00e0 l\u01b0u l\u1ea1i b\u1eb1ng ch\u1ee9ng, b\u1ea5t k\u1ec3 th\u00e0nh c\u00f4ng hay th\u1ea5t b\u1ea1i c\u1ee7a k\u1ebft qu\u1ea3, \u0111\u1ec3 tr\u00e1nh b\u1ecb truy c\u1ee9u tr\u00e1ch nhi\u1ec7m.<\/p>\n\n\n\n<p>Th\u00e1i \u0111\u1ed9 c\u1ee7a T\u00f2a \u00e1n T\u1ed1i cao Nh\u1eadt B\u1ea3n \u0111\u1ed1i v\u1edbi Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd l\u00e0 th\u1eadn tr\u1ecdng v\u00e0 kh\u00f4ng ch\u1ee7 \u0111\u1ed9ng \u1ee7ng h\u1ed9. T\u00f2a \u00e1n T\u1ed1i cao kh\u00f4ng s\u1eed d\u1ee5ng c\u1ee5m t\u1eeb &#8220;Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd&#8221; m\u1ed9t c\u00e1ch tr\u1ef1c ti\u1ebfp, m\u00e0 th\u01b0\u1eddng \u0111\u01b0a ra ph\u00e1n quy\u1ebft d\u1ef1a tr\u00ean s\u1ef1 \u0111\u00e1nh gi\u00e1 v\u1ec1 t\u00ednh h\u1ee3p l\u00fd c\u1ee7a quy\u1ebft \u0111\u1ecbnh trong t\u1eebng tr\u01b0\u1eddng h\u1ee3p c\u1ee5 th\u1ec3. \u0110i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi kinh nghi\u1ec7m qu\u00e1 kh\u1ee9 khi Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd \u0111\u00e3 b\u1ecb l\u1ea1m d\u1ee5ng nh\u01b0 m\u1ed9t &#8220;l\u00e1 b\u00f9a h\u1ed9 m\u1ec7nh&#8221; \u0111\u1ec3 gi\u00e1m \u0111\u1ed1c tr\u00e1nh tr\u00e1ch nhi\u1ec7m (v\u1ee5 ki\u1ec7n \u0111\u1ea1i di\u1ec7n c\u1ed5 \u0111\u00f4ng b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i c\u1ee7a Nomura Securities). Th\u00e1i \u0111\u1ed9 c\u1ee7a T\u00f2a \u00e1n T\u1ed1i cao cho th\u1ea5y t\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c gi\u00e1m \u0111\u1ed1c lu\u00f4n chu\u1ea9n b\u1ecb s\u1eb5n s\u00e0ng gi\u1ea3i th\u00edch r\u1eb1ng quy\u1ebft \u0111\u1ecbnh c\u1ee7a h\u1ecd l\u00e0 h\u1ee3p l\u00fd m\u1ed9t c\u00e1ch kh\u00e1ch quan. Th\u00e1i \u0111\u1ed9 th\u1eadn tr\u1ecdng c\u1ee7a T\u00f2a \u00e1n T\u1ed1i cao Nh\u1eadt B\u1ea3n \u0111\u1ed1i v\u1edbi Nguy\u00ean t\u1eafc Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n l\u00fd v\u00e0 s\u1ef1 th\u1ea3o lu\u1eadn li\u00ean t\u1ee5c v\u1ec1 khu\u00f4n kh\u1ed5 ph\u00e1n quy\u1ebft t\u1ea1i c\u00e1c t\u00f2a \u00e1n c\u1ea5p d\u01b0\u1edbi cho th\u1ea5y r\u1eb1ng l\u00fd thuy\u1ebft ph\u00e1p l\u00fd n\u00e0y v\u1eabn \u0111ang ph\u00e1t tri\u1ec3n v\u00e0 c\u00f3 th\u1ec3 thay \u0111\u1ed5i gi\u1ea3i th\u00edch trong t\u01b0\u01a1ng lai. T\u00ecnh h\u00ecnh \u0111\u1ed9ng n\u00e0y \u0111\u00f2i h\u1ecfi s\u1ef1 ch\u00fa \u00fd li\u00ean t\u1ee5c \u0111\u1ebfn xu h\u01b0\u1edbng c\u1ee7a c\u00e1c ph\u00e1n quy\u1ebft v\u00e0 h\u1ecdc thuy\u1ebft m\u1edbi nh\u1ea5t, v\u00e0 \u0111i\u1ec1u ch\u1ec9nh th\u1ef1c ti\u1ec5n qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p theo \u0111\u00f3.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nguyen_tac_Quan_ly_Sang_suot_va_Quyet_dinh_Quan_tri_qua_Cac_Phan_quyet_cua_Toa_an_Nhat_Ban\"><\/span>Nguy\u00ean t\u1eafc Qu\u1ea3n l\u00fd S\u00e1ng su\u1ed1t v\u00e0 Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n tr\u1ecb qua C\u00e1c Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n Nh\u1eadt B\u1ea3n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u0110\u1ec3 hi\u1ec3u c\u00e1ch nguy\u00ean t\u1eafc Qu\u1ea3n l\u00fd S\u00e1ng su\u1ed1t v\u00e0 Quy\u1ebft \u0111\u1ecbnh Qu\u1ea3n tr\u1ecb \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng trong th\u1ef1c t\u1ebf t\u1ea1i t\u00f2a \u00e1n, vi\u1ec7c xem x\u00e9t c\u00e1c ph\u00e1n quy\u1ebft c\u1ee5 th\u1ec3 l\u00e0 \u0111i\u1ec1u c\u1ea7n thi\u1ebft. D\u01b0\u1edbi \u0111\u00e2y, ch\u00fang t\u00f4i s\u1ebd gi\u1edbi thi\u1ec7u hai ph\u00e1n quy\u1ebft \u0111\u1eb7c bi\u1ec7t quan tr\u1ecdng.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Phan_quyet_vu_an_Japan_Sunrise_Toa_an_quan_Tokyo_ngay_27_thang_9_nam_1993\"><\/span>Ph\u00e1n quy\u1ebft v\u1ee5 \u00e1n Japan Sunrise (T\u00f2a \u00e1n qu\u1eadn Tokyo, ng\u00e0y 27 th\u00e1ng 9 n\u0103m 1993)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>C\u00f4ng ty c\u1ed5 ph\u1ea7n A l\u00e0 m\u1ed9t c\u00f4ng ty nh\u1ecf chuy\u00ean v\u1ec1 kinh doanh cho thu\u00ea t\u00f2a nh\u00e0. \u0110\u1ec3 gi\u1ea3i quy\u1ebft t\u00ecnh tr\u1ea1ng thua l\u1ed7, gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Y1 \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 v\u00e0o th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu \u0111ang th\u1ecbnh h\u00e0nh v\u00e0o th\u1eddi \u0111i\u1ec3m \u0111\u00f3 (giao d\u1ecbch k\u00fd qu\u1ef9), v\u00e0 \u0111\u00e3 b\u1eaft \u0111\u1ea7u \u0111\u1ea7u t\u01b0 m\u1ed9t s\u1ed1 ti\u1ec1n l\u1edbn vay m\u01b0\u1ee3n. Sau khi th\u00eam vi\u1ec7c mua b\u00e1n ch\u1ee9ng kho\u00e1n v\u00e0o \u0111i\u1ec1u l\u1ec7 c\u00f4ng ty, ban \u0111\u1ea7u h\u1ecd \u0111\u00e3 thu \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn, nh\u01b0ng do s\u1ef1 s\u1ee5t gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu, c\u00f4ng ty A \u0111\u00e3 ch\u1ecbu t\u1ed5n th\u1ea5t l\u1edbn l\u00ean \u0111\u1ebfn 70% s\u1ed1 ti\u1ec1n \u0111\u1ea7u t\u01b0. C\u1ed5 \u0111\u00f4ng X \u0111\u00e3 kh\u1edfi ki\u1ec7n \u0111\u1ea1i di\u1ec7n c\u1ed5 \u0111\u00f4ng y\u00eau c\u1ea7u b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i \u0111\u1ed1i v\u1edbi gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Y1, c\u0169ng nh\u01b0 c\u00e1c gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Y2 v\u00e0 Y3, nh\u1eefng ng\u01b0\u1eddi \u0111\u00e3 l\u01a1 l\u00e0 trong ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t c\u1ee7a m\u00ecnh.<\/p>\n\n\n\n<p>T\u00f2a \u00e1n qu\u1eadn Tokyo \u0111\u00e3 c\u00f4ng nh\u1eadn vi ph\u1ea1m ngh\u0129a v\u1ee5 ch\u00fa \u00fd c\u1ea9n tr\u1ecdng c\u1ee7a gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Y1 v\u00e0 ch\u1ea5p nh\u1eadn y\u00eau c\u1ea7u. Ph\u00e1n quy\u1ebft ch\u1ec9 ra r\u1eb1ng, m\u1eb7c d\u00f9 Y1 c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c s\u1ef1 m\u1ea5t m\u00e1t c\u1ee7a c\u00f4ng ty v\u00e0 kh\u1ee7ng ho\u1ea3ng qu\u1ea3n l\u00fd do bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ed5 phi\u1ebfu, \u00f4ng \u0111\u00e3 coi th\u01b0\u1eddng kh\u1ea3 n\u0103ng n\u00e0y v\u00e0 g\u00e2y ra t\u1ed5n th\u1ea5t l\u1edbn \u0111\u1ebfn m\u1ee9c \u0111e d\u1ecda s\u1ef1 t\u1ed3n t\u1ea1i c\u1ee7a c\u00f4ng ty b\u1eb1ng c\u00e1ch \u0111\u1ea7u t\u01b0 m\u1ed9t l\u01b0\u1ee3ng l\u1edbn ti\u1ec1n vay. \u0110\u1eb7c bi\u1ec7t, \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p m\u1edbi, n\u1ebfu c\u00f3 kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c r\u1ee7i ro g\u00e2y ra t\u1ed5n th\u1ea5t kh\u00f4ng th\u1ec3 ph\u1ee5c h\u1ed3i d\u1ef1a tr\u00ean quy m\u00f4 c\u00f4ng ty, b\u1ea3n ch\u1ea5t kinh doanh v\u00e0 s\u1ed1 ti\u1ec1n l\u1ee3i nhu\u1eadn, th\u00ec gi\u00e1m \u0111\u1ed1c c\u00f3 ngh\u0129a v\u1ee5 ch\u00fa \u00fd c\u1ea9n tr\u1ecdng \u0111\u1ec3 tr\u00e1nh nh\u1eefng r\u1ee7i ro \u0111\u00f3. Ngo\u00e0i ra, t\u00f2a \u00e1n c\u0169ng k\u1ebft lu\u1eadn r\u1eb1ng kh\u00f4ng c\u00f3 s\u1ef1 c\u1ea7n thi\u1ebft cho c\u00f4ng ty A ph\u1ea3i th\u1ef1c hi\u1ec7n \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu \u0111\u1ebfn m\u1ee9c \u0111\u00f3. \u0110\u1ed1i v\u1edbi gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Y2 v\u00e0 gi\u00e1m \u0111\u1ed1c Y3, t\u00f2a \u00e1n c\u0169ng kh\u1eb3ng \u0111\u1ecbnh vi ph\u1ea1m ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t \u0111\u1ed1i v\u1edbi h\u00e0nh \u0111\u1ed9ng c\u1ee7a gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Y1.<\/p>\n\n\n\n<p>Ph\u00e1n quy\u1ebft n\u00e0y, trong khi c\u00f4ng nh\u1eadn r\u1eb1ng qu\u1ea3n l\u00fd doanh nghi\u1ec7p c\u00f3 th\u1ec3 \u0111i k\u00e8m v\u1edbi r\u1ee7i ro, \u0111\u00e3 th\u1ec3 hi\u1ec7n th\u00e1i \u0111\u1ed9 nghi\u00eam ng\u1eb7t trong vi\u1ec7c \u0111\u00e1nh gi\u00e1 tr\u00e1ch nhi\u1ec7m h\u00e0nh \u0111\u1ed9ng c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c. \u0110i\u1ec1u \u0111\u00e1ng ch\u00fa \u00fd l\u00e0 vi\u1ec7c ph\u00e2n bi\u1ec7t gi\u1eefa quy tr\u00ecnh d\u1eabn \u0111\u1ebfn quy\u1ebft \u0111\u1ecbnh (m\u1eb7t th\u1ee7 t\u1ee5c) v\u00e0 n\u1ed9i dung c\u1ee7a quy\u1ebft \u0111\u1ecbnh (m\u1eb7t quy\u1ebft \u0111\u1ecbnh) khi xem x\u00e9t \u00e1p d\u1ee5ng nguy\u00ean t\u1eafc qu\u1ea3n l\u00fd quy\u1ebft \u0111\u1ecbnh. Vi\u1ec7c xem x\u00e9t \u0111\u1ed9c l\u1eadp gi\u1eefa m\u1eb7t th\u1ee7 t\u1ee5c li\u00ean quan \u0111\u1ebfn \u0111i\u1ec1u tra tr\u01b0\u1edbc v\u00e0 sau khi \u0111\u1ea7u t\u01b0 c\u0169ng nh\u01b0 s\u1ef1 c\u00e2n \u0111\u1ed1i gi\u1eefa quy m\u00f4 v\u00e0 kh\u1ea3 n\u0103ng t\u00e0i ch\u00ednh c\u1ee7a c\u00f4ng ty, v\u00e0 m\u1eb7t quy\u1ebft \u0111\u1ecbnh v\u1ec1 s\u1ef1 c\u1ea7n thi\u1ebft c\u1ee7a vi\u1ec7c \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu, \u0111\u00e3 l\u00e0m cho ph\u00e1n quy\u1ebft n\u00e0y tr\u1edf n\u00ean ti\u00ean phong. \u0110i\u1ec1u n\u00e0y l\u00e0m r\u00f5 r\u1eb1ng khi c\u00e1c gi\u00e1m \u0111\u1ed1c th\u1ef1c hi\u1ec7n quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd c\u00f3 r\u1ee7i ro, quy tr\u00ecnh ra quy\u1ebft \u0111\u1ecbnh c\u1ee7a h\u1ecd s\u1ebd \u0111\u01b0\u1ee3c xem x\u00e9t m\u1ed9t c\u00e1ch nghi\u00eam ng\u1eb7t. Ph\u00e1n quy\u1ebft n\u00e0y \u0111\u00e3 g\u1eedi m\u1ed9t t\u00edn hi\u1ec7u r\u00f5 r\u00e0ng r\u1eb1ng, khi t\u00f2a \u00e1n \u0111\u00e1nh gi\u00e1 quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c, h\u1ecd kh\u00f4ng ch\u1ec9 quan t\u00e2m \u0111\u1ebfn k\u1ebft qu\u1ea3 th\u00e0nh c\u00f4ng hay th\u1ea5t b\u1ea1i, m\u00e0 c\u00f2n ch\u00fa tr\u1ecdng \u0111\u1ebfn vi\u1ec7c quy\u1ebft \u0111\u1ecbnh \u0111\u00f3 d\u1ef1a tr\u00ean th\u00f4ng tin g\u00ec, theo quy tr\u00ecnh n\u00e0o v\u00e0 \u0111\u00e3 \u0111\u01b0\u1ee3c xem x\u00e9t k\u1ef9 l\u01b0\u1ee1ng \u0111\u1ebfn m\u1ee9c n\u00e0o. Th\u00e1i \u0111\u1ed9 &#8220;ch\u00fa tr\u1ecdng quy tr\u00ecnh&#8221; n\u00e0y nh\u1ea5n m\u1ea1nh t\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c ghi ch\u00e9p c\u1ea9n th\u1eadn bi\u00ean b\u1ea3n h\u1ecdp v\u00e0 t\u00e0i li\u1ec7u li\u00ean quan trong th\u1ef1c ti\u1ec5n, \u0111\u1ec3 khi c\u00e1c gi\u00e1m \u0111\u1ed1c b\u1ecb \u0111\u1eb7t ra tr\u00e1ch nhi\u1ec7m trong t\u01b0\u01a1ng lai, h\u1ecd c\u00f3 th\u1ec3 ch\u1ee9ng minh r\u1eb1ng \u0111\u00e3 tu\u00e2n theo quy tr\u00ecnh ph\u00f9 h\u1ee3p.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Phan_quyet_lien_quan_den_su_bien_mat_tai_san_quy_huu_tri_cua_AIJ_Investment_Advisors_Phan_quyet_cua_Toa_an_quan_Tokyo_ngay_14_thang_7_nam_2016\"><\/span>Ph\u00e1n quy\u1ebft li\u00ean quan \u0111\u1ebfn s\u1ef1 bi\u1ebfn m\u1ea5t t\u00e0i s\u1ea3n qu\u1ef9 h\u01b0u tr\u00ed c\u1ee7a AIJ Investment Advisors (Ph\u00e1n quy\u1ebft c\u1ee7a T\u00f2a \u00e1n qu\u1eadn Tokyo ng\u00e0y 14 th\u00e1ng 7 n\u0103m 2016)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>C\u00f4ng ty A, m\u1ed9t c\u00f4ng ty ho\u1ea1t \u0111\u1ed9ng trong l\u0129nh v\u1ef1c b\u00e1n ch\u1ee9ng kho\u00e1n, \u0111\u00e3 c\u00f9ng v\u1edbi d, \u0111\u1ea1i di\u1ec7n C\u00f4ng ty C, th\u1ef1c hi\u1ec7n h\u00e0nh vi l\u1eeba \u0111\u1ea3o b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng (NAV) gi\u1ea3 m\u1ea1o c\u1ee7a qu\u1ef9 \u0111\u1ea7u t\u01b0 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n h\u01b0u tr\u00ed \u0111\u1ec3 ti\u1ebfn h\u00e0nh ho\u1ea1t \u0111\u1ed9ng b\u00e1n h\u00e0ng. H\u00e0nh vi gian l\u1eadn n\u00e0y \u0111\u00e3 khi\u1ebfn qu\u1ef9 ch\u1ecbu t\u1ed5n th\u1ea5t l\u1edbn. C\u00e1c qu\u1ef9 h\u01b0u tr\u00ed \u0111\u00e3 mua qu\u1ef9 n\u00e0y \u0111\u00e3 kh\u1edfi ki\u1ec7n \u0111\u00f2i b\u1ed3i th\u01b0\u1eddng thi\u1ec7t h\u1ea1i \u0111\u1ed1i v\u1edbi C\u00f4ng ty A, v\u1edbi l\u00fd do r\u1eb1ng Y1, m\u1ed9t th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb kh\u00f4ng ph\u1ea3i l\u00e0 ng\u01b0\u1eddi \u0111i\u1ec1u h\u00e0nh, v\u00e0 Y2, m\u1ed9t ki\u1ec3m to\u00e1n vi\u00ean ch\u00ednh th\u1ee9c, \u0111\u00e3 kh\u00f4ng th\u1ef1c hi\u1ec7n ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t v\u00e0 ki\u1ec3m to\u00e1n \u0111\u1ed1i v\u1edbi h\u00e0nh vi b\u1ea5t h\u1ee3p ph\u00e1p c\u1ee7a \u0111\u1ea1i di\u1ec7n \u0111i\u1ec1u h\u00e0nh.<\/p>\n\n\n\n<p>T\u00f2a \u00e1n qu\u1eadn Tokyo \u0111\u00e3 kh\u00f4ng c\u00f4ng nh\u1eadn vi ph\u1ea1m ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t v\u00e0 ki\u1ec3m to\u00e1n c\u1ee7a th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb Y1 v\u00e0 ki\u1ec3m to\u00e1n vi\u00ean ch\u00ednh th\u1ee9c Y2. T\u00f2a \u00e1n cho r\u1eb1ng ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t c\u1ee7a h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb d\u1ef1a tr\u00ean s\u1ef1 c\u1ea9u th\u1ea3 v\u00e0 ch\u1ec9 khi c\u00f3 t\u00ecnh hu\u1ed1ng m\u00e0 h\u1ecd c\u00f3 th\u1ec3 ph\u00e1t hi\u1ec7n ra h\u00e0nh vi kinh doanh b\u1ea5t h\u1ee3p ph\u00e1p v\u00e0 h\u1ecd c\u00f3 kh\u1ea3 n\u0103ng bi\u1ebft \u0111\u01b0\u1ee3c t\u00ecnh hu\u1ed1ng \u0111\u00f3 th\u00ec tr\u00e1ch nhi\u1ec7m m\u1edbi \u0111\u01b0\u1ee3c kh\u1eb3ng \u0111\u1ecbnh. Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y, t\u00f2a \u00e1n \u0111\u00e3 xem x\u00e9t k\u1ef9 l\u01b0\u1ee1ng c\u00e1c chi ti\u1ebft c\u1ee5 th\u1ec3 v\u1ec1 hi\u1ec7u su\u1ea5t qu\u1ea3n l\u00fd qu\u1ef9, b\u00e0i vi\u1ebft tr\u00ean t\u1ea1p ch\u00ed ng\u00e0nh, t\u00ecnh h\u00ecnh y\u00eau c\u1ea7u h\u1ee7y h\u1ee3p \u0111\u1ed3ng, c\u00e1c d\u1ef1 \u00e1n t\u00e0i ch\u00ednh m\u00e0 nguy\u00ean \u0111\u01a1n \u0111\u00e3 \u0111\u01b0a ra nh\u01b0 nh\u1eefng t\u00ecnh hu\u1ed1ng m\u00e0 c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb n\u00ean nghi ng\u1edd. K\u1ebft qu\u1ea3 l\u00e0, t\u00f2a \u00e1n \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh r\u1eb1ng ch\u1ec9 d\u1ef1a v\u00e0o nh\u1eefng t\u00ecnh hu\u1ed1ng n\u00e0y kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 Y1 v\u00e0 Y2 nh\u1eadn th\u1ee9c \u0111\u01b0\u1ee3c ho\u1ea1t \u0111\u1ed9ng b\u00e1n h\u00e0ng s\u1eed d\u1ee5ng NAV gi\u1ea3 m\u1ea1o ho\u1eb7c nghi ng\u1edd v\u1ec1 n\u00f3.<\/p>\n\n\n\n<p>Ph\u00e1n quy\u1ebft n\u00e0y quan tr\u1ecdng \u1edf ch\u1ed7 n\u00f3 ch\u1ec9 ra r\u1eb1ng ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t v\u00e0 ki\u1ec3m to\u00e1n c\u1ee7a h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb, \u0111\u1eb7c bi\u1ec7t l\u00e0 th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb kh\u00f4ng ph\u1ea3i l\u00e0 ng\u01b0\u1eddi \u0111i\u1ec1u h\u00e0nh v\u00e0 ki\u1ec3m to\u00e1n vi\u00ean, kh\u00f4ng ph\u1ea3i l\u00e0 kh\u00f4ng gi\u1edbi h\u1ea1n. C\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb \u0111\u01b0\u1ee3c y\u00eau c\u1ea7u ph\u1ea3i th\u1ef1c hi\u1ec7n ngh\u0129a v\u1ee5 c\u1ea9n tr\u1ecdng d\u1ef1a tr\u00ean th\u00f4ng tin h\u1ecd c\u00f3 th\u1ec3 bi\u1ebft m\u1ed9t c\u00e1ch h\u1ee3p l\u00fd, nh\u01b0ng kh\u00f4ng ph\u1ea3i ch\u1ecbu tr\u00e1ch nhi\u1ec7m d\u1ef1 \u0111o\u00e1n v\u00e0 ph\u00e1t hi\u1ec7n m\u1ecdi h\u00e0nh vi gian l\u1eadn. \u0110i\u1ec1u n\u00e0y l\u00e0m r\u00f5 gi\u1edbi h\u1ea1n v\u00e0 ph\u00f9 h\u1ee3p v\u1edbi nguy\u00ean t\u1eafc qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p, ng\u0103n ch\u1eb7n vi\u1ec7c &#8220;thu h\u1eb9p&#8221; c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb, khi\u1ebfn nh\u1eefng ng\u01b0\u1eddi c\u00f3 n\u0103ng l\u1ef1c ng\u1ea7n ng\u1ea1i nh\u1eadn ch\u1ee9c v\u00ec s\u1ee3 tr\u00e1ch nhi\u1ec7m qu\u00e1 n\u1eb7ng n\u1ec1. Ph\u00e1n quy\u1ebft n\u00e0y c\u0169ng c\u00f3 ngh\u0129a l\u00e0 c\u00e1c quy\u1ebft \u0111\u1ecbnh s\u1ebd \u0111\u01b0\u1ee3c \u0111\u01b0a ra d\u1ef1a tr\u00ean &#8220;th\u00f4ng tin m\u00e0 h\u1ecd c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn m\u1ed9t c\u00e1ch h\u1ee3p l\u00fd&#8221; ch\u1ee9 kh\u00f4ng ph\u1ea3i d\u1ef1a tr\u00ean gi\u1ea3 \u0111\u1ecbnh r\u1eb1ng c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb bi\u1ebft t\u1ea5t c\u1ea3 th\u00f4ng tin. M\u1eb7c d\u00f9 c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb c\u00f3 th\u1ec3 tr\u00e1nh tr\u00e1ch nhi\u1ec7m do thi\u1ebfu th\u00f4ng tin, ph\u00e1n quy\u1ebft n\u00e0y c\u0169ng ng\u1ea7m ch\u1ec9 ra r\u1eb1ng doanh nghi\u1ec7p c\u00f3 tr\u00e1ch nhi\u1ec7m x\u00e2y d\u1ef1ng m\u1ed9t h\u1ec7 th\u1ed1ng ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 v\u1eefng ch\u1eafc \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o th\u00f4ng tin quan tr\u1ecdng (\u0111\u1eb7c bi\u1ec7t l\u00e0 d\u1ea5u hi\u1ec7u c\u1ee7a r\u1ee7i ro v\u00e0 gian l\u1eadn) \u0111\u01b0\u1ee3c truy\u1ec1n \u0111\u1ea1t m\u1ed9t c\u00e1ch minh b\u1ea1ch v\u00e0 k\u1ecbp th\u1eddi, gi\u00fap c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb th\u1ef1c hi\u1ec7n \u0111\u00fang ngh\u0129a v\u1ee5 c\u1ee7a m\u00ecnh.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quan_diem_cua_toa_an_Nhat_Ban_qua_cac_phan_quyet\"><\/span>Quan \u0111i\u1ec3m c\u1ee7a t\u00f2a \u00e1n Nh\u1eadt B\u1ea3n qua c\u00e1c ph\u00e1n quy\u1ebft<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Ph\u00e1n quy\u1ebft v\u1ee5 \u00e1n Japan Sunrise t\u1ea1i Nh\u1eadt B\u1ea3n \u0111\u00e3 nghi\u00eam kh\u1eafc x\u00e1c \u0111\u1ecbnh vi ph\u1ea1m ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng c\u1ee7a c\u00e1c gi\u00e1m \u0111\u1ed1c trong tr\u01b0\u1eddng h\u1ee3p thua l\u1ed7 l\u1edbn do \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu m\u1ea1o hi\u1ec3m. Ph\u00e1n quy\u1ebft n\u00e0y \u0111\u00e3 ch\u00fa tr\u1ecdng \u0111\u1ebfn kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n r\u1ee7i ro d\u1ef1a tr\u00ean quy m\u00f4 c\u00f4ng ty v\u00e0 b\u1ea3n ch\u1ea5t c\u1ee7a ho\u1ea1t \u0111\u1ed9ng kinh doanh, c\u0169ng nh\u01b0 thi\u1ebfu &#8220;s\u1ef1 c\u1ea7n thi\u1ebft&#8221; trong vi\u1ec7c th\u1ef1c hi\u1ec7n c\u00e1c ho\u1ea1t \u0111\u1ed9ng \u0111\u00f3. Ng\u01b0\u1ee3c l\u1ea1i, trong ph\u00e1n quy\u1ebft li\u00ean quan \u0111\u1ebfn s\u1ef1 bi\u1ebfn m\u1ea5t t\u00e0i s\u1ea3n h\u01b0u b\u1ed5ng c\u1ee7a AIJ Investment Advisors, vi\u1ec7c vi ph\u1ea1m ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t c\u1ee7a gi\u00e1m \u0111\u1ed1c \u0111\u1ed9c l\u1eadp v\u00e0 ki\u1ec3m to\u00e1n vi\u00ean \u0111\u00e3 b\u1ecb ph\u1ee7 nh\u1eadn. Ph\u00e1n quy\u1ebft n\u00e0y nh\u1ea5n m\u1ea1nh r\u1eb1ng ngh\u0129a v\u1ee5 c\u1ee7a gi\u00e1m \u0111\u1ed1c b\u1ecb gi\u1edbi h\u1ea1n trong &#8220;t\u00ecnh hu\u1ed1ng c\u00f3 th\u1ec3 ph\u00e1t hi\u1ec7n m\u1ed9t c\u00e1ch h\u1ee3p l\u00fd&#8221; v\u00e0 quy\u1ebft \u0111\u1ecbnh r\u1eb1ng kh\u00f4ng c\u00f3 ngh\u0129a v\u1ee5 ph\u1ea3i d\u1ef1 \u0111o\u00e1n m\u1ecdi h\u00e0nh vi gian l\u1eadn. Hai ph\u00e1n quy\u1ebft n\u00e0y cho th\u1ea5y c\u00e1ch ti\u1ebfp c\u1eadn c\u00e2n nh\u1eafc c\u1ee7a t\u00f2a \u00e1n Nh\u1eadt B\u1ea3n, trong \u0111\u00f3 ngh\u0129a v\u1ee5 qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng l\u00e0 m\u1ed9t tr\u00e1ch nhi\u1ec7m cao c\u1ea3, nh\u01b0ng vi\u1ec7c x\u00e1c \u0111\u1ecbnh vi ph\u1ea1m hay kh\u00f4ng d\u1ef1a tr\u00ean &#8220;s\u1ef1 h\u1ee3p l\u00fd&#8221; v\u00e0 &#8220;kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n&#8221; trong t\u1eebng t\u00ecnh hu\u1ed1ng c\u1ee5 th\u1ec3. Trong v\u1ee5 Japan Sunrise, t\u00f2a \u00e1n \u0111\u00e3 ch\u1ec9 tr\u00edch nghi\u00eam kh\u1eafc vi\u1ec7c gi\u00e1m \u0111\u1ed1c \u0111\u00e3 coi nh\u1eb9 r\u1ee7i ro &#8220;d\u00f9 c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c&#8221; v\u00e0 th\u1ef1c hi\u1ec7n c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh doanh kh\u00f4ng c\u00f3 &#8220;s\u1ef1 c\u1ea7n thi\u1ebft&#8221; \u0111\u1ec3 bi\u1ec7n minh, t\u1eeb \u0111\u00f3 th\u1eeba nh\u1eadn tr\u00e1ch nhi\u1ec7m c\u1ee7a h\u1ecd. \u0110i\u1ec1u n\u00e0y g\u1eedi \u0111i th\u00f4ng \u0111i\u1ec7p m\u1ea1nh m\u1ebd r\u1eb1ng gi\u00e1m \u0111\u1ed1c c\u1ea7n ch\u1ee7 \u0111\u1ed9ng tr\u00e1nh r\u1ee7i ro v\u00e0 \u01b0u ti\u00ean s\u1ef1 t\u1ed3n vong c\u1ee7a c\u00f4ng ty. M\u1eb7t kh\u00e1c, trong v\u1ee5 AIJ, t\u00f2a \u00e1n \u0111\u00e3 \u00e1p d\u1ee5ng ti\u00eau chu\u1ea9n &#8220;nh\u1eadn th\u1ee9c ho\u1eb7c c\u00f3 th\u1ec3 nh\u1eadn th\u1ee9c \u0111\u01b0\u1ee3c, ho\u1eb7c \u00edt nh\u1ea5t n\u00ean c\u00f3 nghi ng\u1edd v\u1ec1 t\u00ecnh hu\u1ed1ng&#8221; \u0111\u1ed1i v\u1edbi gi\u00e1m \u0111\u1ed1c \u0111\u1ed9c l\u1eadp v\u00e0 ki\u1ec3m to\u00e1n vi\u00ean, v\u00e0 cu\u1ed1i c\u00f9ng ph\u1ee7 nh\u1eadn tr\u00e1ch nhi\u1ec7m c\u1ee7a h\u1ecd v\u1edbi l\u00fd do &#8220;kh\u00f4ng c\u00f3 t\u00ecnh hu\u1ed1ng n\u00e0o c\u1ea7n ph\u00e1t hi\u1ec7n ho\u1eb7c nghi ng\u1edd&#8221;. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y gi\u1edbi h\u1ea1n c\u1ee7a ngh\u0129a v\u1ee5 gi\u00e1m \u0111\u1ed1c kh\u00f4ng ph\u1ea3i l\u00e0 v\u00f4 h\u1ea1n, m\u00e0 d\u1ef1a tr\u00ean vi\u1ec7c thu th\u1eadp th\u00f4ng tin v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh trong ph\u1ea1m vi h\u1ee3p l\u00fd. S\u1ef1 \u0111\u1ed1i l\u1eadp n\u00e0y r\u00f5 r\u00e0ng \u00e1m ch\u1ec9 ti\u00eau chu\u1ea9n ph\u00e1n quy\u1ebft th\u1ef1c t\u1ebf c\u1ee7a t\u00f2a \u00e1n Nh\u1eadt B\u1ea3n, trong \u0111\u00f3 tr\u00e1ch nhi\u1ec7m c\u1ee7a gi\u00e1m \u0111\u1ed1c kh\u00f4ng ch\u1ec9 d\u1ef1a tr\u00ean k\u1ebft qu\u1ea3 m\u00e0 c\u00f2n d\u1ef1a tr\u00ean &#8220;s\u1ef1 h\u1ee3p l\u00fd&#8221; v\u00e0 &#8220;kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n&#8221; c\u1ee7a h\u00e0nh \u0111\u1ed9ng trong t\u1eebng t\u00ecnh hu\u1ed1ng c\u1ee5 th\u1ec3. &nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tom_luoc\"><\/span>T\u00f3m l\u01b0\u1ee3c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Tr\u00e1ch nhi\u1ec7m qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng v\u00e0 nguy\u00ean t\u1eafc quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd trong Lu\u1eadt C\u00f4ng ty c\u1ee7a Nh\u1eadt B\u1ea3n l\u00e0 hai kh\u00e1i ni\u1ec7m thi\u1ebft y\u1ebfu trong qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p hi\u1ec7n \u0111\u1ea1i. Tr\u00e1ch nhi\u1ec7m qu\u1ea3n l\u00fd c\u1ea9n tr\u1ecdng y\u00eau c\u1ea7u c\u00e1c gi\u00e1m \u0111\u1ed1c ph\u1ea3i th\u1ef1c hi\u1ec7n s\u1ef1 ch\u00fa \u00fd cao \u0111\u1ed9 nh\u01b0 m\u1ed9t &#8220;ng\u01b0\u1eddi qu\u1ea3n l\u00fd t\u1ed1t&#8221; v\u00ec l\u1ee3i \u00edch c\u1ee7a c\u00f4ng ty, v\u00e0 vi ph\u1ea1m c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn tr\u00e1ch nhi\u1ec7m ph\u00e1p l\u00fd nghi\u00eam tr\u1ecdng \u0111\u1ed1i v\u1edbi c\u00f4ng ty ho\u1eb7c b\u00ean th\u1ee9 ba. M\u1eb7t kh\u00e1c, nguy\u00ean t\u1eafc quy\u1ebft \u0111\u1ecbnh qu\u1ea3n l\u00fd t\u00f4n tr\u1ecdng quy\u1ec1n t\u1ef1 ch\u1ee7 c\u1ee7a gi\u00e1m \u0111\u1ed1c, cho ph\u00e9p h\u1ecd \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh \u0111\u1ed5i m\u1edbi m\u00e0 kh\u00f4ng s\u1ee3 r\u1ee7i ro. C\u00e1c t\u00f2a \u00e1n Nh\u1eadt B\u1ea3n c\u00f3 xu h\u01b0\u1edbng ch\u00fa tr\u1ecdng \u0111\u1ebfn s\u1ef1 c\u00e2n b\u1eb1ng gi\u1eefa hai nguy\u00ean t\u1eafc n\u00e0y, \u0111\u1eb7c bi\u1ec7t l\u00e0 t\u00ednh h\u1ee3p l\u00fd v\u00e0 s\u1ef1 c\u1ea9n tr\u1ecdng trong &#8220;qu\u00e1 tr\u00ecnh&#8221; ra quy\u1ebft \u0111\u1ecbnh. Ph\u00e1n quy\u1ebft v\u1ee5 \u00e1n Japan Sunlight \u0111\u00e3 \u0111\u1eb7t ra nh\u1eefng c\u00e2u h\u1ecfi nghi\u00eam ng\u1eb7t v\u1ec1 qu\u00e1 tr\u00ecnh v\u00e0 c\u1ea7n thi\u1ebft c\u1ee7a quy\u1ebft \u0111\u1ecbnh c\u1ee7a gi\u00e1m \u0111\u1ed1c, trong khi ph\u00e1n quy\u1ebft li\u00ean quan \u0111\u1ebfn m\u1ea5t m\u00e1t t\u00e0i s\u1ea3n h\u01b0u tr\u00ed c\u1ee7a AIJ Investment Advisors \u0111\u00e3 cung c\u1ea5p h\u01b0\u1edbng d\u1eabn c\u1ee5 th\u1ec3 cho vi\u1ec7c \u00e1p d\u1ee5ng b\u1eb1ng c\u00e1ch gi\u1edbi h\u1ea1n ph\u1ea1m vi ngh\u0129a v\u1ee5 gi\u00e1m s\u00e1t \u0111\u1ebfn kh\u1ea3 n\u0103ng nh\u1eadn th\u1ee9c h\u1ee3p l\u00fd.<\/p>\n\n\n\n<p>Vi\u1ec7c hi\u1ec3u s\u00e2u r\u1ed9ng v\u00e0 tu\u00e2n th\u1ee7 \u0111\u00fang \u0111\u1eafn nh\u1eefng nguy\u00ean t\u1eafc n\u00e0y l\u00e0 v\u00f4 c\u00f9ng quan tr\u1ecdng \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p v\u00e0 c\u00e1 nh\u00e2n kinh doanh t\u1ea1i Nh\u1eadt B\u1ea3n. H\u1ec7 th\u1ed1ng ph\u00e1p lu\u1eadt Nh\u1eadt B\u1ea3n ph\u1ee9c t\u1ea1p v\u00e0 vi\u1ec7c gi\u1ea3i th\u00edch c\u0169ng nh\u01b0 \u00e1p d\u1ee5ng n\u00f3 c\u00f3 nhi\u1ec1u kh\u00eda c\u1ea1nh \u0111a d\u1ea1ng t\u00f9y thu\u1ed9c v\u00e0o t\u1eebng tr\u01b0\u1eddng h\u1ee3p c\u1ee5 th\u1ec3 v\u00e0 quy\u1ebft \u0111\u1ecbnh c\u1ee7a t\u00f2a \u00e1n. V\u0103n ph\u00f2ng lu\u1eadt s\u01b0 Monolith c\u00f3 kinh nghi\u1ec7m phong ph\u00fa trong l\u0129nh v\u1ef1c ph\u00e1p l\u00fd doanh nghi\u1ec7p t\u1ea1i Nh\u1eadt B\u1ea3n v\u00e0 \u0111\u1eb7c bi\u1ec7t \u0111\u00e3 h\u1ed7 tr\u1ee3 nhi\u1ec1u kh\u00e1ch h\u00e0ng li\u00ean quan \u0111\u1ebfn tr\u00e1ch nhi\u1ec7m c\u1ee7a gi\u00e1m \u0111\u1ed1c v\u00e0 qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p. V\u0103n ph\u00f2ng ch\u00fang t\u00f4i c\u00f3 nhi\u1ec1u lu\u1eadt s\u01b0 n\u00f3i ti\u1ebfng Anh v\u1edbi b\u1eb1ng c\u1ea5p lu\u1eadt s\u01b0 n\u01b0\u1edbc ngo\u00e0i, c\u00f3 kh\u1ea3 n\u0103ng hi\u1ec3u bi\u1ebft v\u00e0 cung c\u1ea5p l\u1eddi khuy\u00ean th\u1ef1c ti\u1ec5n t\u1eeb g\u00f3c \u0111\u1ed9 qu\u1ed1c t\u1ebf v\u1ec1 h\u1ec7 th\u1ed1ng ph\u00e1p lu\u1eadt ph\u1ee9c t\u1ea1p c\u1ee7a Nh\u1eadt B\u1ea3n. N\u1ebfu qu\u00fd v\u1ecb c\u00f3 b\u1ea5t k\u1ef3 th\u1eafc m\u1eafc n\u00e0o li\u00ean quan \u0111\u1ebfn Lu\u1eadt C\u00f4ng ty Nh\u1eadt B\u1ea3n, qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p, ho\u1eb7c tr\u00e1ch nhi\u1ec7m c\u1ee7a gi\u00e1m \u0111\u1ed1c, xin vui l\u00f2ng li\u00ean h\u1ec7 v\u1edbi V\u0103n ph\u00f2ng lu\u1eadt s\u01b0 Monolith. Ch\u00fang t\u00f4i cam k\u1ebft h\u1ed7 tr\u1ee3 qu\u00fd v\u1ecb b\u1eb1ng ki\u1ebfn th\u1ee9c chuy\u00ean m\u00f4n \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a qu\u00fd v\u1ecb t\u1ea1i Nh\u1eadt B\u1ea3n di\u1ec5n ra su\u00f4n s\u1ebb.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trong qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p Nh\u1eadt B\u1ea3n, c\u00e1c th\u00e0nh vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb \u0111\u00f3ng vai tr\u00f2 trung t\u00e2m trong vi\u1ec7c \u0111\u1ea3m b\u1ea3o s\u1ef1 ph\u00e1t tri\u1ec3n v\u00e0 b\u1ec1n v\u1eefng c\u1ee7a c\u00f4ng ty. Vai tr\u00f2 n\u00e0y \u0111i k\u00e8m v\u1edbi tr\u00e1ch nhi\u1ec7m ph\u00e1p l\u00fd nghi\u00ea [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":71322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,85],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/posts\/71207"}],"collection":[{"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/comments?post=71207"}],"version-history":[{"count":2,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/posts\/71207\/revisions"}],"predecessor-version":[{"id":71321,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/posts\/71207\/revisions\/71321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/media\/71322"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/media?parent=71207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/categories?post=71207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/vi\/wp-json\/wp\/v2\/tags?post=71207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}