Corporate Integrity Problems And Countermeasures

In the early part of the 1990.s, the scope of tripartite cycle of debt was increasing and corne up to one-third of totae line of credit of banks, which have become an obstruct in Chinese growth. What is more, the mavkeo were gradually flooded with fake quality commodities. It is well known that the reasons for these economic phenomena lies in the lack of credit of participant in marker. The lack of credit hare become an bottleneck of the growth of national economy. and a important actual problem that rousts be solved as quickly as possible in china.The paper begins from theoretical discussing and analytical investigation so oredit problem in Marxist political economics, modern economics, contemporary economics and domestic theorists, and summarize and aomment their research. The author definites and analyses credit, enterprise credit. and the lack of enterprise credit in many way after detailed assessment to present condition of enterprise credit. We can see that the lack of credit show us with the scope of tripartite cycle of debt, breaking a contract, swindling, avoiding a creditor, making and selling of fake quality commodities. The author thinks that the lack of credit includes Which reasons list as follows: the lack of the building of the legal system. The lack of ability in preventing and discriminating from the lack of credit, wn clear property right, the delay of transformation of governmental function, the lack of punishing, the negatire effects from market-oriented economy.After theoretical discussing, the author builds models uith game oheory, and analyses enterprise action in credit under complete information, incomplete information and with supervising. And with cost-analysis, we can find ohere aie some harm of the lack of credit, such as increasing oransaction cost in market, decreasing competitive power, hindering enterprises from entering the market, increasing the social and economic cost and inaeasing the moral and tegal cost. So we can draw a conclusion that the lack of enterprise credit wowed enlarge enterprise crisis.In the end, in view of this situation, the author puts forward some proposals, and designs the system of assessment abaut enterprise credit in order to help enterprises prevent and discniminate the lack of oredit.