A Study On The Impact Of Debt Restructuring On ST Listed Companies

With the debt restructuring to become a listed company to improve operating results of themost common kind of economic activity, especially in the implementation of China’s listedcompanies mismanaged ST listed companies, status and characteristics of the implementationof the debt restructuring and debt restructuring activities listed companies arising The economicconsequences and other related issues gradually became the focus of attention of scholars more.In view of this, the paper used the inductive reasoning and comparative analysis of theresearch methods to in2011-2013between the implementation of the debt restructuringactivities and recombinant earnings ST listed companies as samples, described the ST listedcompanies to implement debt restructuring The characteristics and the status quo, and throughmore comprehensive analysis and a more intuitive overall case describes the influence of thedebt restructuring of ST listed companies produce.Finally, to conclude: ST debt restructuring of listed companies report their profits,financial performance, the company’s tax and regulatory policies to avoid the situation and havehad an impact on the company’s credit. And this effect is twofold, in ST listed companies toease the debt burden, increased restructuring and increase profits year reporting year financialperformance of listed companies at the same time gave the ST class tax tremendous pressure,resulting in avoidance adverse effects of market regulation and reduce the company’s credit,hindering the sustainable development of ST listed companies. And, on the basis of theforegoing findings are summarized in the above, ST listed companies to improve the debtrestructuring proposal to reduce the negative impact of the debt restructuring of ST listedcompanies produce. With a view to strengthening the supervision of securities markets in thefuture as well as more in-depth study of the implementation of the debt restructuring activitiesand provide relevant information on the basis of the impact of ST listed companies.