试论债务重组的财务策划

On the finacial Planning in Debt Reorgnization

市场经济的两重性,一方面为企业的生存和发展提供了广阔的空间,另一方面也使一些企业由于经营不善等原因出现财务困难。债权、债务双方出于自身利益考虑,往往达成和解协议,进行债务重组。债务人进行债务重组可行性的一般标准:继续经营价值大于破产清算价值;是否可行的关键是看债权人能否同意。债权人进行债务重组可行性判断的一般标准:债权重组价值大于债权清偿价值。两个利益对立统一的双方,就债务重组的先决条件、可行性、重组方式的选择进行剖析与策划,求同存异,诚实信用,研究重组成功策略。

The market-oriented economy has dual character.One is to offer a large scope of existence and developing of company.The other is to make some financial problem of some companies because of backward operation and management.Both side of creditor and debtor would make an agreement to reorganization of assets because of thinking about their own profit.The common feasibility standard of reorganization of assets is that the value of maintaining management must bigger than of liquidation.And the key of the feasibility is whether the creditor agrees or not.The common feasibility standard of reorganizations of assets is that the value of the reorganization of the creditor’s rights must bigger than of liquidation.The both side of debtor and creditor,whose interests are unity of opposites,are anatomy and scheme of the precondition,feasibility,the mode of reorganization of assets.They seek common points while reserving difference,and are sincerity and credit to research the strategy of success reorganization.