负债经营的企业,往往潜伏着财务危机。财务危机将对企业产生成本支出,称之为财务危机成本。
Enterprises in debt always have financial crisis, which will lead to the output of costs, namely financial crisis cost.
根据财务危机成本的资本结构理论,当负债达到一定比例后,由于财务风险的增加,负债对企业价值产生负效应。
According to the capital structure theory of financial bankruptcy cost, the debts bring out negative efficiency when debts come to a certain ratio since the financial bankruptcy increases.
本文对财务危机成本的产生和起因进行了分析,并对代理成本中企业扭曲行为的类型及对债权人和股东的危害进行了探讨。
The article analyzes the production and causes of bankruptcy cost and explores distorted actions in agent cost and harmfulness of creditors on shareholders.
但是由于道德风险的存在,使得财政在处理国有商业银行财务危机中发生的成本一再扩大。
However, due to moral hazards, the fiscal cost has expanded again and again in dealing with the financial crisis of state-owned commercial Banks.
在此基础上,文章提出了财务危机间接成本估量的三种方法:实物期权法、经济附加值法以及逐期环比对比法。
The paper thus proposes three methods to measure the indirect cost: material equity, economic added value, and stepwise chain comparison.
在此基础上,文章提出了财务危机间接成本估量的三种方法:实物期权法、经济附加值法以及逐期环比对比法。
The paper thus proposes three methods to measure the indirect cost: material equity, economic added value, and stepwise chain comparison.
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