从资本信用到资产信用

从立法、司法乃至整个学理 ,中国公司法都表现出鲜明的资本信用的理念和相应的制度体系。但事实上 ,以资本为核心所构筑的整个公司信用体系不可能完全胜任对债权人利益和社会交易安全保护的使命。决定公司信用的并不只是公司的资本 ,公司资产对此起着更重要的作用 ,中国公司资本制度改革的基本思路与方向是从资本信用到资产信用、从法定资本制到授权或折中的授权资本制。为此 ,应对最低资本额、股东出资、资本缴纳、股权退出机制、公司转投资、股份的折价发行禁止、股份回购禁止与限制及与资产信用相配套制度的其他公司制度进行全面的改革。

From the Capital Credit to the Assets Credit

From the perspectives of legislation, judicature and the theoretical basis of law, the corporation law of China reflects a distinct notion of capital credit and the corresponding systems. However, practically, it is absolutely impossible for the whole corporation credit system, which is based on the corporation capital, to be competent at the duty of protecting the benefits of creditors together with the safety of social transactions. It is not only the corporation capital that decides the corporation credit, on the contrary, corporation assets play a more important role to the corporation credit. The main idea as well as the direction of the reform of Chinese corporation capital system is the transformation from the capital credit to assets credit, and from legal capital system to compromised or authorized capital system. Accordingly, the overall reform should be taken for the minimum capital requirements, shareholder''s capital contribution, the payment of capital, equity withdrawal, corporation''s reinvestment, the prohibitions of share issued at a discount, the prohibitions and restrictions of share''s repurchase and the corresponding corporation systems in relevance to the assets credit.