论公司资本三原则理论的时代局限

资本三原则素来被理论界视为大陆法系国家公司法的三项经典原则 ,公司资本制度设计之圭皋。自其诞生以来 ,一直在资本制度的规范设计中居于枢纽地位 ,对健全公司财务、保障公司债权人利益发挥了巨大的作用。但随着知识经济时代的到来和融资技术的更新 ,资本的理性投资功能增强 ,担保功能锐减 ,资本三原则理论的历史局限也日渐显现 ,其在债权人保障机制体系中的核心保障功能地位已发生动摇。为此我们有必要对其加以全面检讨 。

The three princinples of corporate capital,which has been regarded as a classic theory by most scholars in civil law countries,has been occupying a position of no small importance in coporate system and playing an key role in protecting the benefits of the creditors,However,with the development of social economy,many theoretical defects have been exposed,and this theory cannot be suited to the new conditons.So a good deal of rethinking is needed on it.