Enterprise Rescue:A Solution to Enterprise Crisis Based on Market Mechanism
In a competitive market economy system,enterprises are often exposed to various crises.As a consequence,to overcome crisis situations,enterprises would spontaneously try to manage their confronted risks.Yet the goal of risk management is difficult to accomplish,especially for companies under sever crisis.Once out of control,those crises can inevitably lead enterprises to merger or even bankruptcy.However,on the social scale,excessive mergers and bankruptcies can be detrimental to the existing productivity.Moreover,extensive redundancy accompanied can cause regional social unrest.From this perspective,enterprise rescue,a solution based on the market mechanism,is essential to offset negativities mentioned above.This paper defines the notion of enterprise rescue,meanwhile provides four measures through which enterprise rescue is implemented.The purpose of this paper is to establish a social enterprise rescue mechanism,aiming at assisting companies in getting rid of crisis.
Enterprise Crisis Enterprise Rescue Market Mechanism Merger and Bankruptcy Mechanism
WANG Ying WANG Li
Management College of Hangzhou Dianzi University,P.R.China Shanghai University,P.R.China
国际会议
杭州
英文
470-476
2010-10-24（万方平台首次上网日期，不代表论文的发表时间）