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| Tekijä: | Jin, Xiao Zhou, Xiaojuan |
| Otsikko: | "Turning debt to stock" is going to emerge (original in Chinese) |
| Lehti: | Economy and Information (c)
1999 : 8, p.11-13 |
| Asiasana: | DEBT STOCK MARKETS SHARE OWNERSHIP CHINA |
| Kieli: | chn |
| Tiivistelmä: | The way of turning enterprise creditor's right,holded by the banks, to holding stock right had gotten the policy supports. This model is a challenge to the existing law, and its success key is to avoid moral risk.The conclusion are that "turning debt to stock" had been a success example in the world and gave enterprise a change chance; while in China it is benefits for enterprise and the local government the bank will bear the risk and will get benefits if banks work better. |
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