And debt contract is indeed the corporate governance of the contingent ownership reallocation.
而债务契约就是一种或有的企业所有权重新配置的治理机制。
参考来源 - 公司破产重组中的产权保护问题研究——兼论中国的破产法改革·2,447,543篇论文数据,部分数据来源于NoteExpress
To meet the debt contract there are difficult conditions.
满足债务合约的条件存在着困难。
A guarantee contract is an ancillary contract of the principal claim-debt contract.
担保合同是主债权债务合同的从合同。
It is the cause of reverse selection and moral hazard under information asymmetry that risk and revenue of debt contract aren't match.
信息不对称下逆向选择和道德风险产生的根源是债务合约本身的风险和收益不对称。
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