Research on Even Protection of the Benefits of the Company's Shareholders and Creditors
Mei Yi-mi
Abstract
Mei Yi-mi
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.
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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