search query: @indexterm CAPITAL MARKETS / total: 931
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| Author: | Chen, Yuanxie |
| Title: | The real meaning and operational principle of debt-for-equity' (original in Chinese) |
| Journal: | Research on Financial and Economic Problems (c)
1999 : 11, p.66-69 |
| Index terms: | DEBT CORPORATE FINANCE CHINA CAPITAL MARKETS |
| Language: | chn |
| Abstract: | Practising 'debt-for-equity' is of important significance for quickening the reform of the state-owned enterprises and their getting rid of difficulties. The focus is on the establishment of the system of capital funds and the delimitation of maximum debt on the one hand, and the 'debt-for-equity' enterprises must meet the required conditions, their value must be evaluated comprehensively and seriously on the other. It is done so in accordance with rules and regulations to be helpful for vitalizing the non-performing assets and quickening the reform of the enterprises. |
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