Title: Reflections on the Eclectic Capital System——from the Perspective of Path Selection of Corporate Capital System
Abstract: It is recognized by the academia of China that the formation system of corporate capital in company laws is realized mainly by three modes,namely the statutory capital system,the authoritative capital system,and the eclectic capital system.This paper suggests that the nature and justifiability of the eclectic capital system needs further discussion.Based on analysis of the system nature and comparison of different paths to capital formation in EU and America,as well as the latest development in Japan and Taiwan area,this paper focuses on path selection of capital formation system,reviews the current capital formation system in our country,and offers tentative suggestions on the reform of the capital formation system.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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