摘要
从契约和产权的角度,破产法改变了企业原来的合同束,并根据新的合同束界定利益相关人对企业的产权,产权界定清楚可以激励相关人为提高破产效率去行为。这就是市场化的破产理论和实践的经济学基础。市场化的破产实施方法需要配套的制度以降低实施成本,这种制度既包括人的因素,又包括市场因素。我国破产法的实施效果,也有赖于这两个因素。
From the perspectives of contract and property right, the newly adopted Bankruptcy Law modifies the original nexus of contracts of enterprises and redefines the property rights of stakeholders in the enterprises under the new nexus of contracts. As long as property rights are well demarcated, stakeholders may have incentives to act in a way of improving the bankruptcy efficiency. This is the economic ground for the theory and practice of privatization of bankruptcy. Privatization of bankruptcy requires a corresponding system in order to reduce the implementation cost, the factors of which include human factor and market factor. The effect of the implementation of China＇s new Bankruptcy Law also relies on the two factors.
出处
《政法论坛》
CSSCI
北大核心
2007年第1期3-16,共14页
Tribune of Political Science and Law
关键词
契约
产权
破产法
成本
收益
市场化
Contract
Property Right
Bankruptcy Law
Cost
Benefit
Privatization
