Research On Financial Crisis Cost Of Enterprises

Research on financial crisis cost saying sees Myers to propose most early measures the model (Trade□off Model) the theory, "measures the theory" is in "the MM theory" in the foundation develops but comes, is to "the MM theory" a fruitful supplement. "The direct cost and the indirect cost which according to the western scholar's viewpoint, the research on financial crisis cost is appears in technical in the financial control the question or in which the enterprise goes bankrupt the situation forms". Among them,The direct cost including fulfills the bankrupt procedure and the development bankruptcy work expense as well as the enterprise intangible asset loss which because goes bankrupt causes; The indirect cost then includes has the financial crisis but not yet to achieve when bankrupt situation, manages work barrier which the administration center meets to enterprise value depreciation, as well as between the enterprise creditors and the enterprise policy-maker's contradiction and the struggle affects enterprise value depreciation.The research on finance crisis cost of enterprises regarding protects the investor and creditor's benefits, guards against research on the financial crisis regarding the operator, monitors regarding the government control section goes on the market the company quality and the stock market risk, all has the extremely important theory value and the practice value. The enterprise research on finance crisis cost belongs to the foundation economic research area, says regarding the modern enterprise system research, the research on financial crisis cost centralism manifests is going on the market the company to adjust the capital structure and the stockholder's rights structure aspect. The financial crisis will be able to affect the enterprise the management achievements, will create the research on financial crisis cost size will be...