(1) Property is the most basic attribute of equity. Shareholders convert their capital contribution into registered capital in kind or in monetary form due to their capital contribution behavior. The registered capital of a company is the aggregate of shareholders' property rights, and the equity can be quantified in the form of price when it changes, so the equity has typical property. According to the execution theory, anyone with property value can become the subject of execution. It can be seen that the property of equity is the premise of equity enforcement. (2) Equity includes two basic contents: self-interest right and * * * interest right. Self-interest right refers to the rights exercised by shareholders for their own interests, such as the beneficial right of assets. Specifically, it includes dividends, dividend distribution claims, new share subscription rights, and the company's remaining property distribution claims. These are pure property rights. * * * Beneficial right refers to the right of shareholders to participate in the company's affairs for the purpose of the company's interests, such as the right to make major decisions on the company's operation and the right to choose managers. * * * Although usufructuary right is not pure property right, it is still set around the core of property right, and its purpose is to pursue the maximization of property right. Therefore, the self-interest and * * * interest of equity are the material basis of equity enforcement.
Legal objectivity:
Article 4 of the Company Law of People's Republic of China (PRC) * * * The shareholders of the company shall enjoy the rights of earning assets, participating in major decisions and selecting managers according to law. Article 34 of the Company Law of People's Republic of China (PRC), shareholders shall receive dividends in proportion to their paid-in capital contributions; When the company increases its capital, shareholders have the priority to subscribe for the capital contribution in proportion to the paid-in capital contribution. Except that all shareholders agree not to pay dividends according to the proportion of capital contribution or not to subscribe for capital contribution in priority.