soft budget constraint การใช้

• Soft budget constraints
• One of the possible reasons for the inefficient utilization of resource in universities is the soft budget constraint
• This present thesis studies the above - mentioned problems by analyzing the characteristics of financial behavioral of state - owned listed companies and measure the degree of soft budget constraint ( sbc )
• With regard to the existing soft budget constraint problems in some countries after economic transition , the paper makes some comprehensive analyses on the development of the soft budget constraint theory
• The author focuses on the optimization of economic transition in china from the view of soft budget constraint ( sbc ) . firstly , the author introduces the origin , development of sbc and significance of research on it briefly in chapter 1 and introduces four representative theories of factor analysis of sbc systematically in chapter 2
• Finally , the paper discusses the conditions of internal financial risk in china , and points out the nonperforming assets of banks to be the most critical financial risk , and then explores the reason in the method of the game theory , and concludes that the soft budget constraint faced by chinese state - owned enterprises is the answer of the problem
• Soft budget constraint ( sbc ) which means central planner must commit to save the companies who had been caught in financial constraint , including events such as hindering the reorganization of bankrupt firms , subsidizing deficit enterprises continually , prolonging the deadline of bad loan and even refunding them , has been the symbol of transition economies , not to say china