Innovation and Development of Company Capital System

Abstract

Globally, the corporate capital system continues to innovate and develop. The transformation of countries with traditional statutory capital systems from statutory capital systems to authorized capital systems, and countries with authorized capital systems to further relax legal regulations on the use of corporate capital is a major challenge. The transformation of countries with traditional statutory capital systems from statutory capital systems to authorized capital systems, and countries with authorized capital systems to further relax legal regulations on corporate capital are two major trends in the world. The transformation of countries with traditional statutory capital systems from statutory capital systems to authorized capital systems, and countries with authorized capital systems to further relax legal regulations on corporate capital are two major trends in the world. To understand why the corporate capital system develops in these two ways, it is necessary to understand the concepts of capital credit and asset credit, as well as the conflict of interest between shareholders and creditors. The development of the corporate capital system is affected by the change in the understanding of corporate credit capabilities and the board-centrism trend of modern corporate governance. Therefore, it is undoubtedly an inevitable choice for the progress of company law to pursue the goals of improving the efficiency Therefore, it is undoubtedly an inevitable choice for the progress of company law to pursue the goals of improving the efficiency of company decision-making and operation, lowering the threshold for company establishment, and reducing excessive idleness and waste of funds.