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Keywords: Corporation debt
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Journal Articles
Asset Management Companies, State‐Owned Commercial Bank Debt Transfers and Contingent Claims: Issues in the Valuation of China’s Non‐Performing Loans
Available to Purchase
Journal:
Managerial Finance
Managerial Finance (2005) 31 (12): 11–28.
Published: 01 December 2005
... of assets associated with the transfer of non‐performing loans from the state‐owned commercial banks to the asset management companies. Real and financial options appear in the form of implied guarantees over asset management corporation debt, implied guarantees associated with the non‐performing assets...
