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公司资本制度模式的选择过程,实则是不同公司立法理念的交锋过程,是认知公司法功能的过程。现代商业社会的运营,内在地渴求一种多赢的概念与多元化选择的空间。这种需求反映在公司资本制模式的功能定位上,就是回答这样一个问题:公司资本制是以股东利益为主导并致力于融资机动性,抑或以债权人利益为主导兼顾筹资机动性。本文在比较三大资本制度优劣的基础上,得出这样一个结论:授权资本制度的规则配置是理论上的最优,折衷资本制的规则配置是现实中的次优,法定资本制的规则配置是最不可取的安排。
The selection process of the company’s capital system model is in fact the process of confrontation between different companies’ legislative ideas and the process of recognizing the company’s legal functions. The operation of the modern business community is inherently eager for a win-win concept and a diversified selection space. This kind of demand is reflected in the functional orientation of the company’s capital system model, which is to answer such a question: the company’s capital system is based on the interests of shareholders and is committed to financing mobility, or taking creditors’ interests as the leading factor to take into account the mobility of funding. Based on the comparison of the advantages and disadvantages of the three major capital systems, this paper concludes that the rule configuration of the authorized capital system is theoretically optimal, and the rule configuration of the eclectic capital system is the sub-optimal in reality, the legal capital system rules Configuration is the most undesirable arrangement.