我国上市公司破产重整价值判断机制研究

发布时间：2018-01-04 11:10

本文关键词：我国上市公司破产重整价值判断机制研究　出处：《首都经济贸易大学》2017年硕士论文　论文类型：学位论文

【摘要】：至2016年11月底,我国已经有50家上市公司进入破产重整程序。在当前重整案例不断涌现并呈现快速增长趋势的背景下,将有越来越多的利益相关者需要对资源稀缺的重整企业进行价值判断,以合理配置资源。因此,对于破产重整价值判断领域的研究必不可少。通过运用归纳演绎法和案例分析法,本文对“破产重整价值判断机制”进行设计。界定破产重整价值判断机制的概念是对破产重整有无价值、有什么价值、有多少价值进行的判断,是判定企业是否应该(继续)进行破产重整的制度化方法。在实务中,破产重整价值判断机制体现为判断主体依据判断原则,运用判断标准来对判断客体进行判断,以实现判断目标。对此,本文分析总结了判断主体、判断客体、判断原则、判断标准和判断目标等五种基本要素,并根据破产重整流程的时间顺序及其特点,将破产重整价值判断机制分为重整申请期间、重整及执行期间两个判断阶段,从而补充“破产重整价值判断”的财务理论。通过破产重整价值判断机制在实际中的应用,发现现阶段我国在判断主体、判断原则、判断客体三个方面,分别存在管理人选任不合理、债权人利益保护不到位以及重整计划执行过度延期的问题。针对这些涉及基本要素的问题,本文结合我国的实际情况,分别提出改进和完善的建议,为利益相关者进行破产重整价值判断提供参考。
[Abstract]:By the end of November 2016, 50 listed companies in China have entered the bankruptcy reorganization process. There will be more and more stakeholders who need to judge the value of the restructured enterprises with scarce resources in order to allocate the resources reasonably. It is necessary for the research of bankruptcy reorganization value judgment field. Through the use of inductive deduction and case analysis. This paper designs the "bankruptcy reorganization value judgment mechanism". The definition of bankruptcy reorganization value judgment mechanism is whether or not it has value, what value it has, and how much value it has. In practice, the judgment mechanism of the value of bankruptcy reorganization is embodied in the principle of judging the main body of judgment. This paper analyzes and summarizes five basic elements of judgment subject, judgment object, judgment principle, judgment standard and judgment goal. According to the time sequence and characteristics of the process of bankruptcy reorganization, the judgment mechanism of bankruptcy reorganization value is divided into two stages: the period of application for reorganization, the period of reorganization and the period of execution. Through the application of the judgment mechanism of bankruptcy reorganization value in practice, it is found that at present our country is judging the subject, the judgment principle and the judgment object. There are unreasonable selection of managers, inadequate protection of the interests of creditors and excessive delay in the implementation of the reorganization plan. In view of these problems involving the basic elements, this paper combines the actual situation of our country. Suggestions for improvement and improvement are put forward to provide reference for stakeholders to judge the value of bankruptcy reorganization.
【学位授予单位】：首都经济贸易大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F271;F832.51

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