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股权的自物权属性研究
Abstract
There are more than two thousand years theoretical studies and practical tests in
traditional civil law, but the formation of corporate is just few hundreds years, so, no final
conclusion has yet been reached on shareholding, which is the fundamental problem of
corporate system . The shareholding problem is also a vexed question in academic circles.
In China, because of the reform of state-owned enterprises, which were faced with the
problem of ambiguity property rights, especially the Separation of Equity Ownership and
Trading Rights of Listed Companies Circular, which is a problem on Chinese
Characteristics, the importance of studying up on shareholding goes without saying.
There are five main theories of shareholding. They are property rights theory, right to
full ownership theory, obligatory right theory, mitgliedschaft theory, labor right theory,
independent civil right theory and shareholder status theory. By analysis and commentary
of these theories, and combine with cases, the author talks about a different understanding
of these theories.
The author thinks shareholding is a right to full ownership, but it is different from the
theory of right to full ownership before. The former theory thinks the object of
shareholding is corporate property, which is a legal assemblage, and shareholders own the
final right to make decision, so they own the right to full ownership of corporate property.
But the author has some innovation. The author thinks the object of shareholding is stock,
so the right set up on stock is shareholding. First, the author argue that stock is object, then
argue that the object of shareholding is stock, and last the author argue that shareholding
has the character and fo
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