期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2012
卷号:12
期号:1
语种:English
出版社:Ovidius University Press
摘要:Nowadays,banks have becomee interested in saving companies from insolvency in order to protect themselves from not getting back the loans released and have involved themselves in restructuring operations. This paper presents the temporary holding of shares by credit institutions in companies and entities from outside the financial sector,this operation being a new way of restructuring and a measure of last resort,involving the change of the company’s capital structure,by converting debts into shares. Representing a market maturation process,the subject is approached on different aspects: the need of such an institution,its legal regime,main characteristics and consequences . The analysis is objective,presenting the rules and regulations issued,showing the limits and the possible interferences with other law acts. This procedure is a practical example of overcoming risks,making the borrower and the lender partners on the same side of the game,sharing capital and motivation.