一、追究公司高管重大决策失误赔偿责任的必要性由于缺乏健全的企业治理结构及企业规范运行的长期实践,我国企业普遍存在重大决策缺乏应有的民主程序与科学论证的问题。这种决策方式在某些情况下固然有利于提高企业的运行效率,但在更多情况下则可能导致严重损失。这一问题普遍存在于企业经营的各个领域,在国际资本市场中的重大决策失误所导致的损失则往往最为严重,且实践中暴露出问题的也主要集中于国际资本市场。例如,1997年,株洲冶炼厂交易员在伦敦金属交易所(LME)越权进行透支交易,大量卖空锌期货合约,陆续卖出了45万吨的锌期货合约,而当时株冶全年的总产量才仅为30万吨,在最后集中性平仓的3天内亏损了1.758亿多美元。在2003年3月到2004年11月,中航油因投机石 I. The Necessity of Investigating the Compensation Liability of Major Executives’ Mistakes in Policy-making Due to the lack of a sound corporate governance structure and the long-term practice of the standardized operation of enterprises, there is a widespread problem in our enterprises of the lack of proper democratic procedures and scientific justification for major decisions. While such a decision-making method may, in some cases, help improve the operational efficiency of an enterprise, it may in more cases result in serious losses. This problem is widespread in all fields of business operation. The losses caused by major policy-making mistakes in international capital markets are often the most serious, and the problems exposed in practice are mainly concentrated in the international capital markets. For example, in 1997, Zhuzhou Smelter traders carried out overdraft transactions over the LME, sold a large amount of zinc futures contracts in a large amount, and sold 450,000 tons of zinc futures contracts in succession. At that time, The output was only 300,000 tons, a loss of more than 175.8 million U.S. dollars in the last three days of a concentrated liquidation. In March 2003 to November 2004, CAO oil due to speculative stone