反思折中资本制——以公司资本制度的路径选择为视角

学界通说认为,折中资本制与法定资本制、授权资本制共同构成了公司资本形成制度的三种模式,然而作为一种学说,折中资本制的制度内涵和合理性尚存在可质疑和再讨论的空间。基于对折中资本制的本质研析,对比欧盟与美国公司资本制度建构的不同路径,并从制度移植的角度考察日本及我国台湾地区立法例的晚近发展,探讨资本制度的模式选择问题,从而审视我国现行资本制度的立法规制,以对我国资本制度改革提出建构意见。

Reflections on the Eclectic Capital System --from the Perspective of Path Selection of Corporate Capital System

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.