债转股政策的成因、缺陷及其完善

随着债转股政策的实施,其设计上的缺陷日渐显现出来。为了保证国有企业改革的顺利进行,本文认为：应将债转股定性为财政资助;应将债转股与转换企业经营机制结合起来;适时地将资产管理公司转为银行的子公司。

The Reasons, Shortcomings and Implementatioin of the Policy of Transferring Creditors''Rights into Shareholders''Equity

With the enforcement of the policy of transferring creditors rights into shareholder's equity, its shortcomings in design were increasingly revealed. In order to ensure that the reform of the state - owned enterprises went on smoothly, the author thought that; it is necessary to regard the act of transferring creditors rights into shareholder's equity as financial aid; it is necessary to combine the transfer of creditors rights into shareholders equity by changing the business operating mechanism ; it is necessary to transform AMC into subsidiaries of banks at anearly date.