Based On The Perspective Of Debt-for-equity Study On State-owned Enterprises Resolve Such Problems In China

Debt-for-equity is debt to equity so as to solve debt problems or a debt to the other end processing.On a world scale,debt-for-equity is of many countries have adopted a more effective debt deal with the problem;From the point of view of market economy,the debt-to-equity swap is to maintain the normal operation of market under the condition of a relatively effective debt handling,can not destroy the market rules under the premise of solve the problem of the debts of the enterprise,improve the environment in the economic operation.This debt approach to developing and transition countries have strong reference and reference.Along with our country economy downward pressure increase,some state-owned enterprises non-performing loans rise sharply,profit growth stagnated.Liabilities of the state-owned enterprise mainly comes from commercial Banks in our country,state-owned enterprise high debt ratio,non-performing loans increased,the state-owned enterprises of commercial Banks business operation has a strong negative effect.As the foundation of the national economic and financial,commercial Banks because of the high debt management difficult problem is easy to cause systemic financial risk,and at the same time,steady and healthy development of commercial Banks is an important task of the administration supervision.To solve the problem of state-owned enterprises high debt ratio,the marketization of regulatory authorities in our country,put forward in the 1990 s debt convertible works,to dissolve the state-owned enterprise high debt ratios reach the crisis brought on by,and formed the Great Wall,cinda,Orient and huarong four large financial assets management companies,and in the implements,agriculture,industry,construction and other large state-owned Banks bad debt off target.State-owned enterprises through debts into shares,the disposal of non-performing assets,has become a new important way to solve the problem of non-performing loans.However,debt-to-equity swap for state-owned enterprise debt problem solving is not perfect,which also contains some problems and the insufficiency,and both at home and abroad about the effects of debt-to-equity swap and debt-for-equity not perfect in the process of operation,has already caused the extensive discussion of relevant experts and scholars.Debt-to-equity swap for state-owned enterprises and commercial Banks have a positive impact at the same time also can bring a certain degree of negative impact.In this paper,under the precondition of consulting a large number of related literature at home and abroad,the first clear the definition of the state-owned enterprises in our country and the development present situation,and on the basis of the state-owned enterprises(soes)sheet to our country state-owned enterprise debt convertible has carried on the theoretical analysis and empirical analysis,finally to our country state-owned enterprise debt convertible debt problem solving and healthydevelopment of state-owned enterprises has made the prospects.Article based on the current situation of the development of state-owned enterprises in China and its theoretical and empirical analysis on economic data,ensure the authenticity and rationality of the conclusion,in order to solve the debt problem of state-owned enterprises in our country in the future and improve the rationality of the state-owned enterprises benefit provides reference information.