Proceedings of the 2015 International Conference on Education, Management and Computing Technology

Research on Relevant Issues of Creditors’ Interest Protection in Chinese Authorized Capital System

Authors
Xiaohua Liu
Corresponding Author
Xiaohua Liu
Available Online June 2015.
DOI
10.2991/icemct-15.2015.83How to use a DOI?
Keywords
Authorized capital system, Legal capital system, Company Law, Creditors’ interest protection
Abstract

Protection of shareholders and creditors’ interest is the important function and objective of corporate capital system. The Company Law of the People’s Republic of China newly revised in 2014 modifies the compromise capital system as authorized capital system; although the efficiency is improved through this change, the protection on creditors’ interests is weak. Due to late starting of Chinese authorized capital system, there exist many principal and system-related defects, which causes crisis in creditors’ interest protection. However, the practical experience of authorized capital system in western countries can provide certain references to China. This paper aims at carrying out a discussion on perfecting legal system with respect to creditors’ interest protection in Chinese authorized capital system.

Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2015 International Conference on Education, Management and Computing Technology
Series
Advances in Social Science, Education and Humanities Research
Publication Date
June 2015
ISBN
10.2991/icemct-15.2015.83
ISSN
2352-5398
DOI
10.2991/icemct-15.2015.83How to use a DOI?
Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Xiaohua Liu
PY  - 2015/06
DA  - 2015/06
TI  - Research on Relevant Issues of Creditors’ Interest Protection in Chinese Authorized Capital System
BT  - Proceedings of the 2015 International Conference on Education, Management and Computing Technology
PB  - Atlantis Press
SP  - 383
EP  - 387
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemct-15.2015.83
DO  - 10.2991/icemct-15.2015.83
ID  - Liu2015/06
ER  -