债转股刍议

The Inflection on the Change Debts into Stocks

国有企业实行债转股 ,可以使一些国有企业解除沉重的债务负担 ,尽快扭亏为盈 ,逐步走上健康发展的道路 ,但不能藉此让逃债赖帐之风大行其道 ,它的适应范围和作用亦是有限的。此项改革的根本宗旨 ,是要借助产权调整和资产重组 ,实现企业经营机制的转换 ,改善企业经营状况 。

Changing debts into stocks which is carried out by government-owned enterprises can make some enterprises relieve the heavy debt burdens and can help them make up deficits and increase surpluses.But evading debts and repudiating debts are never allowed.The range and function of changing debts into stocks should be limited.The aim of this reform is to realize the change of the managerial mechanism of enterprises,improve the present condition of enterprises and raise the efficency of capital management and economic benefit.