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Chinese Journal of Management Science ›› 2000, Vol. ›› Issue (4): 7-9.

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A Quantitative Standard of Debt in Lieu of Equity

ZHOU Zi-kang1, YANG Chun-peng 2   

  1. 1. Finance Group, Chinese Academy of Sciences, Beijing 100080, China;
    2. School of Finance, Qingdao University, Qingdao 266071, China.
  • Received:2000-03-08 Revised:2000-06-01 Online:2000-12-28 Published:2012-03-06

Abstract: In this paper,we obtained a quantitative standard of debt in lieu of equity by comparing the pay off of the financial asset management companies at a given confidence level.

Key words: equity, debt, debt in lieu of equity

CLC Number: