An Analysis of the Systemic Disfigurement of Our Limited Liability Corporation Legislation
Zhao Xue-gang
Abstract
Zhao Xue-gang
Abstract
To a great extent,the modification of our corporation law has perfected the limited liability corporation legal system. However,as far as the practical demanding is concerned,the efficacy of the limited liability corporation legal system is subject to restriction,and this may be related to the systemic disfigurement,including the traditional culture mentality restricting the possibility of the legislation to provide the standard contract,the strong force and the compulsion replacing the respect of the meaning autonomous of the investor,and the path of the limited liability corporation legislation depending on the stock limited corporation legislation.
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To a great extent,the modification of our corporation law has perfected the limited liability corporation legal system. However,as far as the practical demanding is concerned,the efficacy of the limited liability corporation legal system is subject to restriction,and this may be related to the systemic disfigurement,including the traditional culture mentality restricting the possibility of the legislation to provide the standard contract,the strong force and the compulsion replacing the respect of the meaning autonomous of the investor,and the path of the limited liability corporation legislation depending on the stock limited corporation legislation.
Key concepts: Corporation, Legislation, Business, Liability, Limited liability, Limited liability partnership, Law, Disfigurement