The Research on Mechanism of Contingent Governance of Banks in Game Theory

摘要：

Porporate governance is contingent governance. When the corporate borrowers come into financing difficulties and facing difficulties of returning the borrowing capital, banks as creditors should involve in the corporate governance and make a choice between the liquidation and the debt renegotiation. In this paper, we set up a fourtimepoint model to analyze the best choice of banks and conclude: to liquidate the problem corporate borrower is not the best choice of banks.

关键词： banks liquidation debtrenegotiation

作者: Yanli Liu

作者单位: School of Economics and ManagementZhengzhou University of light IndustryZhengzhou, Henan Province, in China

会议类型: 国际会议

会议名称: 2011 International Conference on Business Management and Electronic Information(2011商业管理与电子信息国际学术会议 BMEI2011)

会议地点: 广州

会议语种:英文

页码: 1-3

在线出版日期: 2011-05-13（万方平台首次上网日期，不代表论文的发表时间）