论公司控制权配置的结构性修正——以股东与债权人的“异质性”理念向“同质性”理念的演进为路径

On the Structural Correction of the Controlling Power Distribution of Companies

股东与债权人之间的"异质性"理念建构于传统"股东所有权理论"与"资本信用理论"基础之上,并且这种"异质性"理念主导了公司控制权配置,但这种配置模式忽略了股东与债权人之间的"同质性",在强调股东利益保护的同时导致了债权人权利保护的相对缺失。股东与债权人之间的"同质性"现实已经得到了公司理论与公司实践的有力佐证,并不断地催生着公司控制权配置的结构性修正。

The heterogeneity ideas between shareholders and creditors are on the basis of the traditional ＂shareholder ownership theory＂ and ＂capital credit theory＂,and the concept of this ＂heterogeneity＂ led the company＇s control configuration,but this configuration model ignores the ＂homogeneity＂ between shareholders and creditors,which stressed the protection of the interests of shareholders at the same time lead to the relative lack of protection of creditors＇ rights.The ＂homogeneity＂ reality between shareholders and creditors has been a strong corroboration of the theory and practice,and continue to hasten the structural correction of the controlling power distribution of companies.