企业破产社会成本问题探讨

On the Social Costs of Enterprise Bankruptcy

企业出现财务危机时,其中一种选择是申请破产,最终丧失企业法人资格。破产是一种代价很高的经济调整方式,必然导致社会成本的发生,因而是不得已而采取的特殊形式。企业破产社会成本,可以定义为企业在破产过程中,因破产程序的实施而发生的全部劳动耗费,其实质是社会财富的扣除。这些成本表现为在破产程序中所发生的破产费用、职工安置费、资产变价损失、利润损失、资金成本的增加等形式。

Applying for bankruptcy and finally losing corporate personality is one of the choices when enterprises suffer financial distress. Bankruptcy is a high cost economic adjustment, which will lead to social costs, so it＇s adopted as a last special resort. The social costs of corporate bankruptcy can be defined as all labor expenditure when implementing bankruptcy procedure. Its nature is the deduction of social wealth. The costs include bankruptcy fees, employee settlement fees, loss on realization of assets, loss of profits, and increase of capital costs etc.