LW6134 Chinese and Comparative Company Law
literature Mainland China Translation unavailable

Reshaping Capital Formation: Localized Construction of the Authorized Capital System

重塑资本形成：授权资本制的本土化建构

Chinese scholarship comparing authorized capital and legal capital systems and arguing that China's introduction of authorized capital requires coordination with contribution forms, subscription rules, issuance remedies, and shareholder protection.

Open source

Use It For

Use this for the theoretical and comparative background to Company Law Article 152. It is especially helpful for asking whether China’s reform is a full authorized-capital system or a limited localized version.

Teaching Notes

Pair it with Delaware, UK, German, and EU materials so students can see the safety-versus-efficiency tradeoff behind capital formation rules.