中国有企业财务困境的成因分析与对策研究 = A study on the financial difficulties of state enterprises in China
The study used “Coase Theorem” on property ownership to discuss the need top solve the problem on “Equity” with state enterprises during corporatisation and privatization. Furthermore, the study also highlights the importance of controlling the practice of “debt to equity” conversion as a mean to al...
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| Format: | Theses and Dissertations |
| Language: | Chinese |
| Published: |
2008
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| Online Access: | http://hdl.handle.net/10356/7553 |
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| Institution: | Nanyang Technological University |
| Language: | Chinese |
| Summary: | The study used “Coase Theorem” on property ownership to discuss the need top solve the problem on “Equity” with state enterprises during corporatisation and privatization. Furthermore, the study also highlights the importance of controlling the practice of “debt to equity” conversion as a mean to alleviate liquidity problems associated with highly leveraged enterpises. |
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