On the Thoery of Transforming Debts into Stocks and Anal ysis of Its Policy
On the base of conclusions about thoeri es having been researched,the paper analyses further the policy of transforming debts into stocks which has put into forth.It regards the effect of the policy i s decided at last by the transformation and improvement of these state-owned co mmerce banks' and entreprises' governing mechanisms,and the change should be the same step.At the same time its effect will be decided directly by the setting-up and carrying-out of its agreements.The enlightenment is that the carrying-o ut of policy should have the preconsciousness.