2005Unpublished venueRequires access

Research on Even Protection of the Benefits of the Company's Shareholders and Creditors

Mei Yi-mi

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Abstract

As everyone knows,the limited liability system of the company benefits to protect the shareholders' benefits,however,its disadvantageous to the protection of the creditors' benefits is also an objective existence,i.e.the creditor benefits protection and the shareholder benefits protection to be out of balance.According to the benefits related theories,Company Law should establish the system of even protection in benefits of shareholder and creditor.

About this research paper

What this paper is about

As everyone knows,the limited liability system of the company benefits to protect the shareholders' benefits,however,its disadvantageous to the protection of the creditors' benefits is also an objective existence,i.e.the creditor benefits protection and the shareholder benefits protection to be out of balance.According to the benefits related theories,Company Law should establish the system of even protection in benefits of shareholder and creditor.

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Available abstract

As everyone knows,the limited liability system of the company benefits to protect the shareholders' benefits,however,its disadvantageous to the protection of the creditors' benefits is also an objective existence,i.e.the creditor benefits protection and the shareholder benefits protection to be out of balance.According to the benefits related theories,Company Law should establish the system of even protection in benefits of shareholder and creditor.

Key concepts: Creditor, Shareholder, Business, Limited liability, Liability, Balance (ability), Law and economics, Finance

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