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ZHANG Naihe: Origins of the Company System in Modern England
April 1, 2022  

Abstract:

The company system which originated in modern England had far-reaching influence upon other countries' company system around the world.Therefore,academically and practically it ' s very important for us to study the origins of the company system in modern England.Chinese scholars,however,paid little attention to the topic,while the Western scholars started earlier and achieved quite a lot,and developed two theories:the evolutionists and the receptionists.Only under the guidance of the historical materialism can we precisely understand and resolve the origin issue.In form,the modern English company system falls clearly within the ambit of legal system,and a company is an aggregate corporation.In essence,the company system is just a part of economic system,and a company is a kind of corporate property.We can study the issue of company origins from these two perspectives,and in reality the formal and essential aspects were two separate historical lines before the sixteenth century when they were combined into one from which the modern English company system originated.

Keyword:modern England; the company system; the aggregate corporation; joint-stock; charter;

Published on Jilin University Journal Social Sciences Edition, Issue 6, 2021.


   

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