| The creditor committee of banking financial institutions refers to the committee initiated by more than three or its creditor's banking institutions when the enterprise has difficulties and the debt scale is large.Enterprise debt operation has long become the normal state of modern enterprise operation,and the debt risk problem is also the key point of concern for its stakeholders.In recent years,the creditor committee mechanism of banking financial institutions has appeared in the public as an innovative mechanism to protect the financial claims of banking institutions and resolve the debt crisis of difficult enterprises.As the main source of enterprise loans,banks are generally the largest creditor of debt risk enterprises,and its impact on the enterprise is self-evident.How bank creditors use the mechanism of banking financial institutions to resolve the debt risks of difficult enterprises,how to get through the debt crisis through the mechanism of banking financial institutions,and how to coordinate the interests between enterprises and the debt committee are all questions worth thinking about.First of all,taking Chongqing Iron and Steel Co.,Ltd.as an example,this paper summarizes the process of resolving enterprise debt risk under the debt committee mechanism on the basis of combing and summarizing the relevant concepts of debt committee mechanism,enterprise debt risk and its solution.Based on stakeholder theory,this paper studies how to resolve enterprise debt risk under the debt committee mechanism.Secondly,on the premise of understanding the basic situation,operating situation and financial risk of heavy steel shares,the performance,causes and effects of corporate debt risk are expounded respectively.Then it focuses on the debt committee set up for the debt risk of heavy steel shares,and analyzes the risk faced by the debt committee and its motivation to resolve the debt risk of heavy steel shares.Finally summarizes the heavy steel shares in the bond committee under the promotion of bankruptcy reorganization plan.Then,based on the above content,further analysis of the debt committee to resolve the risk of heavy steel shares,including five points: first,the establishment of a debt committee to lay the foundation for restructuring;second,to provide restructuring funds to ease the pressure on funds;third,innovative debt repayment,adjust the transfer price;fourth,coordinate multi-party relations to promote restructuring;fifth,successful bankruptcy reorganization,creditor's rights into equity.After that,we analyze the effect of the solution on the enterprise itself,creditors and other stakeholders,and conclude five points: avoid bankruptcy delisting,the creditor's rights are guaranteed;the interests of the enterprise stakeholders are protected;the debt index is improved,the performance is turned into profit;the profitability is restored to help the long-term development;and the enterprise realizes mixed reform and the governance ability is improved.Finally,based on the above analysis,it is concluded that the premise of resolving debt risk is to coordinate the interests of the members,the key lies in alleviating the information asymmetry,the program has the pertinence of one enterprise and one policy,and the process needs the cooperation of the stakeholders.In view of the above conclusions,the following five suggestions are put forward: first,to properly move the time of establishment of the debt committee forward to guard against debt risks from the root causes;second,to strengthen the information sharing between banks,banks and enterprises to give full play to the effectiveness of the debt committee mechanism;third,to rationally formulate debt risk resolution schemes to effectively resolve debt risks;fourth,to actively cooperate with the relevant work of the debt committee to ensure the smooth operation of the debt committee;fifth,to continue to improve the laws and regulations of the debt committee and vigorously promote the debt committee system. |
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