拯救浙商——危机企业重整之路

Rebirth of Zhejiang Business

●每当浙江民间金融危机爆发,舆论焦点往往集中在对宏观调控一刀切、民营企业贷款难等外部政策问题的抨击,而较少关注企业内部的风险因素●陷入债务危机的企业经历破产重整后,公司的治理结构得到重建和升级,投机行为受到抑制,长期价值重受关注●对于当前陷入资金链危机的民营企业,政府需要进行某种限度的干预。

Every time news of another financial crisis comes out of Zhejiang public opinion tends to turn their focus on external policy issues concerning macrocconomic regulation and private enterprise loans instead of focusing on the internal risk factors related to enterprises themselves. The Research Department of China Entrepreneur Magazine spent 20 days in Zhejiang interviewing entrepreneurs, lawyers, court officials, creditors and other relevant parties and experts concerning Zhejiang's financial situation. After reviewing the restructuring cases of nearly ten different enterprises we discovered that a majority of the reasons these companies fell into debt were due to internal factors; corporate governance being the worse offender. We also found that once these corporations underwent bankruptcy restructuring and had their debt, business structure, management system systematically reformed this upgrade to their corporate governance gave them to the ability to better handle external risk factors and maintain their operations.