Font Size: a A A

The Economical Analysis Of Corporate Capital System

Posted on:2007-12-30Degree:MasterType:Thesis
Country:ChinaCandidate:J M ChenFull Text:PDF
GTID:2166360185981186Subject:Economic Law
Abstract/Summary:PDF Full Text Request
Corporate system is a typical form of the modern enterprise system; it is the result of modern market economy and the large-scale socialized production. Because of the limited risk and the unlimited benefit, it greatly stimulates the investor's enthusiasm and strongly promotes the development of contemporary society. Corporate capital is the"blood"on which a company should live, the material base for management of a company, and property foundation for a company's responsibility. Now there are three kinds of corporate systems: authoritized capital system, eclectic capital system and statutory capital system. Authoritized capital system is adopted in England, U.S.A and so on. In Germany, Korea, Japan and other countries statutory capital system was initially adopted, but now it is replaced by eclectic capital system because more and more problems exited in its practice. In recent years, scholars had many opinions on which system could most benefit the development of a company and have not reached an agreement.In this thesis, after analyzing corporate capital, corporate capital system, the advantage and disadvantage of three kinds of corporate systems, the author used methods such as"the law of barrel","cost-benefit", Mathematics equation and so on with innovation to analyze three principles of corporate capital (confirming, maintaining and unchanging) and the applying effects of three corporate capital systems in different social environments. It is found that statutory capital system is favorable to increase the cost of setting up and running a company, to prevent some one with bad intention from corporate economical deception and upsetting the social economic order. But with the completion of the relevant social systems, the cost of corporate economical deception is increased; the events of corporate economical deception and the destruction influence can be lowered down. So the high threshold to set up and run a company by statutory capital system seems unreasonable, it will obviously hindering social capital from helping the development of a company. Eclectic capital system and authoritized capital system can decrease the cost of setting up and running a company, thus can help a company to intake social capital and promote the economical development. This thesis comes to a conclusion that the completion of corporate capital system is closely related to that of relevant social systems. Statutory capital system can be applied when relevant social systems are not completed. With the aggressive completion of relevant social systems, statutory capital system should be replaced by eclectic capital system and authoritized capital system in the end. This thesis can provide us with a new research method to investigate the application of...
Keywords/Search Tags:Corporation, Capital system, Economical analyses
PDF Full Text Request
Related items