論我國公司法對創(chuàng)業(yè)投資的制度支持
發(fā)布時間：2018-12-08 08:32
【摘要】：我國創(chuàng)業(yè)投資的發(fā)展離不開公司法的制度支持。針對創(chuàng)業(yè)投資的運作過程并對公司法進行整體分析得出,公司法主要從三個方面對創(chuàng)業(yè)投資產(chǎn)生重要影響。 公司法為創(chuàng)業(yè)投資主體提供制度支持決定創(chuàng)業(yè)投資的正常開展。公司法對創(chuàng)業(yè)投資主體的制度支持主要表現(xiàn)為公司資本制度對創(chuàng)業(yè)企業(yè)和創(chuàng)業(yè)投資企業(yè)的影響。我國公司法采取法定資本制度,諸如最低注冊資本限額的規(guī)定等都不利于創(chuàng)業(yè)企業(yè)和創(chuàng)業(yè)投資公司的設立和發(fā)展。創(chuàng)業(yè)投資需要比較寬松的資本制度,因此,在未來的公司法中可以考慮引入折衷資本制度,完善出資繳納和出資方式等制度,從而適應創(chuàng)業(yè)投資的發(fā)展。 公司法為投資工具提供制度支持決定創(chuàng)業(yè)投資的順利進行。由于能夠較好地解決創(chuàng)業(yè)投資各方主體的利益分配問題,優(yōu)先股和可轉(zhuǎn)換債券已經(jīng)成為被各國廣泛運用的投資工具。但我國公司法缺乏對優(yōu)先股的規(guī)定,在可轉(zhuǎn)換債券方面的規(guī)定也較簡單,且將可轉(zhuǎn)債的發(fā)行主體限定于上市公司。公司法對這兩項制度規(guī)定的欠缺阻礙了創(chuàng)業(yè)投資的發(fā)展。 公司法為創(chuàng)業(yè)投資退出提供制度支持,保證創(chuàng)業(yè)資本退出渠道的暢通,是創(chuàng)業(yè)投資順利完成的最終保證。創(chuàng)業(yè)投資退出的方式主要包括首次公開上市、股權協(xié)議轉(zhuǎn)讓和股份回購三種。但公司法對這三種主要的創(chuàng)業(yè)投資退出方式均作了較嚴格的規(guī)定,難以適應創(chuàng)業(yè)投資迅猛發(fā)展的需要。 所以,盡管我國公司法體現(xiàn)了鼓勵創(chuàng)業(yè)投資的精神,也在一定程度上為創(chuàng)業(yè)投資提供了制度支持,但這種制度支持相對于創(chuàng)業(yè)投資突飛猛進的發(fā)展勢頭,仍顯不足,需要逐步完善公司法的相關規(guī)定。
[Abstract]:The development of venture capital in our country can not be separated from the system support of company law. According to the operation process of venture capital and the whole analysis of company law, it is concluded that the company law has important influence on venture capital from three aspects. Company law provides institutional support for venture capital investors to determine the normal development of venture capital. The institutional support of the company law to the venture capital main body is the influence of the company capital system on the venture capital enterprise and the venture capital enterprise. The legal capital system adopted in our company law, such as the minimum registered capital limit, is not conducive to the establishment and development of start-up enterprises and venture capital companies. Venture capital needs a relatively loose capital system, therefore, in the future company law, we can consider introducing the compromise capital system, perfecting the system of capital contribution and contribution, so as to adapt to the development of venture capital. Corporate law provides institutional support for investment tools to determine the smooth progress of venture capital. Because of its ability to solve the problem of interest distribution of venture capital parties, preferred stock and convertible bonds have been widely used as investment tools in many countries. However, the company law of our country lacks the regulations on preferred stock, and the provisions on convertible bonds are relatively simple, and the main issuers of convertible bonds are limited to listed companies. The lack of these two regulations in company law hinders the development of venture capital. The company law provides system support for venture capital exit and guarantees the smooth exit channel of venture capital, which is the ultimate guarantee for the successful completion of venture capital. Venture capital exit mainly includes initial public offering, equity agreement transfer and share repurchase. However, the three main ways of venture capital exit are strictly regulated in the Company Law, which is difficult to meet the needs of the rapid development of venture capital. Therefore, although our company law embodies the spirit of encouraging venture capital and provides institutional support for venture capital to a certain extent, the system support is still insufficient in comparison with the rapid development momentum of venture capital. Need to gradually improve the relevant provisions of the Company Law.
【學位授予單位】：湖南大學
【學位級別】：碩士
【學位授予年份】：2011
【分類號】：D922.291.91
本文編號：2368041
[Abstract]:The development of venture capital in our country can not be separated from the system support of company law. According to the operation process of venture capital and the whole analysis of company law, it is concluded that the company law has important influence on venture capital from three aspects. Company law provides institutional support for venture capital investors to determine the normal development of venture capital. The institutional support of the company law to the venture capital main body is the influence of the company capital system on the venture capital enterprise and the venture capital enterprise. The legal capital system adopted in our company law, such as the minimum registered capital limit, is not conducive to the establishment and development of start-up enterprises and venture capital companies. Venture capital needs a relatively loose capital system, therefore, in the future company law, we can consider introducing the compromise capital system, perfecting the system of capital contribution and contribution, so as to adapt to the development of venture capital. Corporate law provides institutional support for investment tools to determine the smooth progress of venture capital. Because of its ability to solve the problem of interest distribution of venture capital parties, preferred stock and convertible bonds have been widely used as investment tools in many countries. However, the company law of our country lacks the regulations on preferred stock, and the provisions on convertible bonds are relatively simple, and the main issuers of convertible bonds are limited to listed companies. The lack of these two regulations in company law hinders the development of venture capital. The company law provides system support for venture capital exit and guarantees the smooth exit channel of venture capital, which is the ultimate guarantee for the successful completion of venture capital. Venture capital exit mainly includes initial public offering, equity agreement transfer and share repurchase. However, the three main ways of venture capital exit are strictly regulated in the Company Law, which is difficult to meet the needs of the rapid development of venture capital. Therefore, although our company law embodies the spirit of encouraging venture capital and provides institutional support for venture capital to a certain extent, the system support is still insufficient in comparison with the rapid development momentum of venture capital. Need to gradually improve the relevant provisions of the Company Law.
【學位授予單位】：湖南大學
【學位級別】：碩士
【學位授予年份】：2011
【分類號】：D922.291.91
【參考文獻】
相關期刊論文 前10條
1 汪翠榮;雷良海;;創(chuàng)業(yè)企業(yè)IPO失敗后股份回購權的實現(xiàn)[J];財會月刊;2011年05期
2 胡麗麗;陳儒坤;;論公司的出資方式[J];當代經(jīng)理人;2006年21期
3 王欣新;魏現(xiàn)州;;在我國公司法中設置優(yōu)先股制度初探[J];法律適用;2010年10期
4 周林彬,馮曦;我國無形資產(chǎn)出資立法的反思與完善——無形資產(chǎn)出資的法與經(jīng)濟學分析[J];法商研究;2004年01期
5 成思危;積極穩(wěn)妥地推進我國的風險投資事業(yè)[J];管理世界;1999年01期
6 印露;;探礦權、采礦權出資方式探討[J];工商行政管理;2009年21期
7 倪聞竹;;海峽兩岸公司資本制度的比較與借鑒[J];前沿;2010年04期
8 劉斌;田田;;新《公司法》轉(zhuǎn)投資規(guī)定再酌[J];求索;2007年11期
9 肖羽飛;凌瑞金;;人力資本出資的可行性分析——兼評我國《公司法》出資方式的立法缺陷[J];商場現(xiàn)代化;2007年18期
10 駱慶國;葉繼林;;論公司資本制度之欠缺[J];中國市場;2007年52期
相關碩士學位論文 前1條
1 廖成娟;關于我國創(chuàng)業(yè)投資制度創(chuàng)新問題的探討[D];暨南大學;2006年
，本文編號：2368041
本文鏈接：http://sikaile.net/falvlunwen/gongsifalunwen/2368041.html
