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| Author: | Yi, Shiyong |
| Title: | A tentative study of regrouping of property rights and transfer of debts of state enterprises (original in Chinese) |
| Journal: | Reform of Economic System (c)
1996 : 4, p.83-85 |
| Index terms: | PUBLIC CORPORATIONS CORPORATE RESTRUCTURING FINANCIAL STRUCTURE CHINA |
| Language: | chi |
| Abstract: | Regrouping property rights and debt transfer for are prerequisites of switch of the management mechanism of state- owned enterprises. Property rights of state enterprises can be regrouped in three ways: 1 introduction of capital; 2 transfer of property rights; 3 input participation. Debts of state enterprises can be transferred and regrouped also in three ways: 1 establishment of funds for debt transfer of state enterprises to pay insolvent debts of state enterprises; 2 transformation of their old debts to the bank into property rights being regrouped; 3 determination of prices of transfer of property rights according to the debt rate of assets and motivation of debt transfer by transfer of property rights. |
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