丧失;
One of the preconditions of foreign theory on capital structure is that the debt is a hard budget constraint, i.e. if the firm could not pay the debt, it would be bankrupt. But in China, the debt is soft budget constraint.
国外资本结构理论的前提之一是债务对企业有硬约束作用,企业不能偿还债务,即要破产,但在中国,企业的债务融资具有软约束特征。
We points out that the balance of interest is still the basic rule in the bankrupt reorganization procedure, the joint consultation rule and special protection rule should also be applied.
而在上市公司破产重整计划的制定过程中,本章指出利益平衡仍然是首先应当遵循的基本原则,除此之外还应当遵循共同协商原则以及特别保护原则。
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