认缴资本制下公司信用维持的路径选择——基于法经济学理论的分析视角

Approaches for the Maintenance of the Company's Credit under the Subscribed Capital System

2014年修订的公司法确立了认缴资本制度,在一定程度上造成了公司信用的降低,有损于交易的达成,容易形成劣币逐良币的扭曲市场的局面。对于如何维持公司信用,以法经济学的交易成本理论为分析视角,认为公司信用维持主要涉及经济利益,交易主体高度接近古典经济学中的"经济人",利用交易成本理论来分析商事主体的行为选择基本不存在偏差。根据交易成本理论提出了投放立法和严格施行为主要路径来提高公司信用降低交易成本的方法。对具体的路径选择作了成本分析,指出了社会总成本较低的路径,并着重就我国涉公司资本案件的审判中需要把握的几个问题从经济学角度进行了探讨。

The Company Law revised in 2014 established the subscribed capital system,which in a certain extent,caused the company＇s credit to decrease,was harmful to the transaction,and easy to form a bad money market.The transaction cost theory of the law economics is used to analyze how to maintain the company＇s credit.The company＇s credit is mainly related to the economic interests,and the transaction subject is close to the Economic Man in the classical economics,so choice of the theory of transaction cost,in analyzing the transaction subject is not biased.Legislation and strict implementation approaches are put forward to improve the company＇s credit and reduce the transaction cost.The cost analysis of the approaches is made,the path of lowering the total social cost is pointed out,and some problems that need to be grasped in the trial of the capital case of our country are discussed.