国有企业资本结构改革的法理分析

Jurisprudential Analysis of the Capital Structure of State Owned Enterprise

我国企业改革的历程证明,企业资本结构改革是国有企业改革的必然趋势。公司资本结构的本质要求是股份的独立与平等,进而反映股东地位的独立与平等,由此构成了公司规范运行法律机制的基础。从法理角度分析,企业资本结构的意义不仅在于它是企业生产经营的物质基础,更重要的是它还反映着与资本相联系的利益主体的地位及其相互关系。

The process of the enterprise reform of our country proves that the reform of the enterprise capital structure is the natural trend. The essence of company's capital structure lies in the independence and equality of shares, which still further reflects the independence and equality of the shareholders. From this, the legal mechanism foundation of the company's normal operation is constructed. As far as jurisprudential analysis is concerned, the meaning of the enterprise capital not only lies in that the enterprise capital structure is the material foundation for the enterprise's production and operation; still more important, it reflects the position of the main body of the benefit linked with the capital and the relations between the benefit and the capital.