上市公司债务重组对公司绩效的影响研究-工商管理专业论文.docxVIP

广东工业大学硕士学位论文Abstract 广东工业大学硕士学位论文 Abstract IIl the evolution of the Chinese securities market environment，companies have only two options when facing with a debt crisis：(1)bankruptcy liquidation，the creditors in bankruptcy procedure to get the corresponding residual value；(2)debt restructuring， negotiate with creditors to obtain concessions，and alleviate the current crisis． Comprehensive consideration of bankruptcy cost and restructuring costs，many enterprises will choose the debt restructuring plan．With the constant improvement of Chinas capiua market，several revisions of accounting standard，the case of debt restructuring of listed companies in China is not in the minority,especially before and after the change of accounting standard is more concentrated．The study of debt restructuring has always been a concern of scholars at home and abroad． It has been 1 0 years since debt restructuring guidelines Was implemented．The problems of fair value measurement,restructuring eamings disclosure，excessively debt restructuring what influenced the improvement of corporate performance．Therefore，study the influence of the debt restructuring of the company performance，investigate whether debt restructuring activities Can improve the short-term or long—term performance of listed companies，and find out what kind of debt restructuring Call most effectively improve the corporate performance， has important theoretical significance and practical value． This paper elaborates the basic theories of debt restructuring and corporate performance， and through the theoretical analysis and empirical research to study the influence of the debt restructuring of listed companies on corporate performance．The results show that debt restructuring of listed companies can improve corporate performance in the short term and。 long term．Corporate performance is affected by different modes of debt restructuring will be different．The scale of debt restructuring and listing duration associates with