摘要
债转股已成为政府选择 ,但债转股只对极少数国有企业有效 ,难以从根本上提高国有企业的盈利能力和竞争能力 ,并且还可能引发三重道德风险 ,产生巨大的消极作用。因此债转股要谨慎推行 ,坚持先实验后推广 ,现阶段只搞试点 ,防止一哄而上一起失败 ;站在防范化解金融风险、确保国家经济、金融安全的高度 ,看待和操作债转股 ;把债转股与国有企业战略性调整重组结合起来。
The “Debt to Equity”has already been a government choice, but it is only available to a few state-run enterprises. It cannot promote the profitability of most of the state-run enterprises in a severe market competence. It may lead to some virtual risks and have an immense negative result.So the action should be carefully applied.When we decide to do it ,there should always be one or more experiments before the application.Now,it's better to try some experimental enterprises than to use a certain technique in all the enterprises.We should deal with it for the purpose of eliminating financial hazard and guaranteeing the nation's economy and finanicial security.The “Debt to Equity”activity should be linked together with the adjustment of the state-run enterprises.
出处
《河北经贸大学学报》
2000年第4期9-13,共5页
Journal of Hebei University of Economics and Business
关键词
债转股
国有企业
道德风险
金融风险
Debt to Equity, state-run enrerprises,virtual risk,financial risk
