Information Content of Expected Costs of Financial Distress in Default Predicting Model;
预期财务困境成本在债务违约预测模型中的信息含量
For example,debt contract get used to using price mechanism which is the invisible hand, and that equity contract get used to using power mechanism which is the visible hand.
创业者协调其与物质资本所有者的交易冲突有不同的契约形式,债务契约主要是利用价格机制(利率)这只“看不见的手”来进行市场协调,股权契约则是利用权威机制这只“看得见的手”来进行内部协调。
In the developed market-economy, stock right which is more direct than liability restriction implies control right to cap out debt-to-equity swap in the debt-ordered enterprises is more beneficial for banks than to claim them bankrupted.
在发达的市场经济条件下,股权代表控制权,股权约束比债务的约束更为直接,对陷入财务困境的企业实施债转股比迫其破产对银行更为有利;处于转轨改制阶段的中国,股权约束是较债务约束更软的约束形式,对陷入债务危机的国有企业,实施债转股能否化解银行的不良资产,有较大的不确定性。
The difference of creditors in restriction and supervision is studied through three kind debt covenants.
通过三类具体的债务契约分析各类债权人对企业约束和监督存在的差异,并对如何提高我国债权人的监控效率,提出了四项制度安排。
Earnings Management,Creditor Protection and Debt Default Rates--Evidence from Security Market in China
盈余管理、债权保护与债务违约率——来自中国证券市场的证据
Information Content of Expected Costs of Financial Distress in Default Predicting Model;
预期财务困境成本在债务违约预测模型中的信息含量
To assume responsibility for the debt, default, or miscarriage of.
担保承担债务,违约或计划失败的责任
Where the parties prescribed liquidated damages for delayed performance, the breaching party shall, in addition to payment of the liquidated damages, render performance.
当事人就迟延履行约定违约金的,违约方支付违约金后,还应当履行债务。
The Pricing of Defaultable Securities with Counterparty Risk;
存在对手违约风险的可违约债券的定价
The Pricing of Defaultable Securities with Counterparty Risk
对手违约存在相关性的可违约债券的定价
"The company has defaulted on previously issued corporate Bonds or other indebtedness, or is late in the payment of principal or interest, and such situation is still continuing."
对已发行的公司债券或者其债务有违约或者延迟支付本息的事实,且仍处于继续状态的。
Research on Local Uncompensated Liabilities and Liability-compensating Reserve;
地方政府违约债务规模及偿债准备金研究——控制和化解地方财政风险的数理经济学视角
Convention on the Law Applicable to Contractual Obligations
契约债务法律适用公约
It should be of tort.
违反婚约的损害赔偿之债当属侵权行为之债。
After the debt default, what are the next steps Russia should take?
债权违约之后,俄罗斯下一步该怎么做?
Several Questions on Liquidated Damages Regarded as Bankruptcy Debts;
关于违约金作为破产债权的若干思考
CDS:Opportunity for bond investors in China;
信用违约互换:中国债券投资者的机遇
Pricing Corporate Bonds with Both Expected and Unexpected Defaults;
具可料和不可料违约的公司债券定价
The Measurements and Applications of Default Risk of Corporate Bonds;
公司债券的违约风险度量技术及应用
Deutsche Bank is experimenting with markets in“ event-loss swaps”- natural-disaster versions of the debt market's credit-default swaps.
德意志银行正在市场中试用“损失掉期”—债务市场信贷违约掉期的自然灾害品种。
(iv) the other party delayed performance or otherwise breached the contract, thereby frustrating the purpose of the contract;
(四)当事人一方迟延履行债务或者有其他违约行为致使不能实现合同目的;
As debtor's default risk, credit risk has become the uppermost risk of the economic and financial system in our country.
作为债务人可能违约的风险,信用风险已成为我国经济及金融系统中最主要的风险。
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