债转股中的互动机理与资产管理公司运作

构造一个考虑债转股运作中资产管理公司与债转股企业的博弈模型,用以诠释当前债转股进程迟迟不能推进的理性缘由,对债转股的现实与理论预测的偏离给出了一个初步的解释,成为完善资产管理公司运作的理论基础,进而有针对性地提出完善资产管理公司债转股运作的策略.

Research on Mechanism of Mutual Reaction and Operation of Asset Management Corporation in the Debt-to-equity Swaps

The article constructs a game model between asset management corporation and enterprises during the course of operation of debt-to-equity swaps in the state-owned enterprises, which is theoretical foundation to perfect the operation function of asset management corporation, and with it to annotate the rational causes which the operational course of the debt-to-equity swap was not advancing, and gives a primary explain that a deviation appears between the reality of operation of debt-to-equity swaps and theoretical anticipation. Based on aforementioned viewpoints, the article brings forward countermeasures to perfect operation of debt-to-equity swaps for asset management corporation finally.