CAJ | 학술논문

从上海自贸试验区公司的实践来看，公司资本制度改革后股东出资义务履行的不确定性、违反出资义务的“便捷性”等新挑战正在“旧困境”的基础上涌现。按照《公司法》“宽进严出”和“更加注重事中、事后监管”的改革要求，以股东出资责任制度为中心，构建督促、约束股东出资义务履行的事中、事后规则体系，或将是解决股东出资义务履行之困境的最佳途径。上海自贸试验区在探索股东出资责任制度的构建时，需要结合历史与现实、理论与实践等情形，并借鉴欧美国家在扩大投资者出资自由时均伴随着强化相关主体法律责任的做法，做进一步的创新。
종상해자무시험구공사적실천래간，공사자본제도개혁후고동출자의무리행적불학정성、위반출자의무적“편첩성”등신도전정재“구곤경”적기출상용현。안조《공사법》“관진엄출”화“경가주중사중、사후감관”적개혁요구，이고동출자책임제도위중심，구건독촉、약속고동출자의무리행적사중、사후규칙체계，혹장시해결고동출자의무리행지곤경적최가도경。상해자무시험구재탐색고동출자책임제도적구건시，수요결합역사여현실、이론여실천등정형，병차감구미국가재확대투자자출자자유시균반수착강화상관주체법률책임적주법，주진일보적창신。
As for corporate practice in China （Shanghai） Pilot Free Trade Zone, some new challenges based on old dilemmas like uncertainty of shareholders＇ duties to make capital contributions and convenience to violate paying obligation have taken place. According to the requirements of the reform in Company Law, namely lenient entry ＆ stringent exit and more attention to regulation in process and afterwards, the construction of rule system in process and afterwards for supervising and constraining shareholders＇ duties to make capital contributions focusing on the system concern- ing shareholders＇ duties to make capital contribution may be the best path to a solution to the di- lemma of corporate shareholders＇ duties to make capital contributions. When exploring the estab- lishment of the system concerning shareholders＇ duties to make capital contributions, China （Shanghai） Pilot Free Trade Zone needs to combine history ~ reality and theory ~ practice, and learn the practice of the expansion of investor funding freedom accompanied by the en- hancement of legal liabilities of related subjects from American and European countries to make further innovation.