CURRENT PROBLEMS EXISTING IN LOAN GUARANTEE OF LISTED COMPANIES AND SONE COUNTERMEASURES FOR THEIR SOLUTION
Xu Li
Abstract
Xu Li
Abstract
Loan guarantee is the conventional practice of the financial industry in various countries of the world and represents a normal economic behavior founded on credibility. However, the commercial banks in China are now faced with great financial risks due to the imperfect laws and regulations concerning the financial industry and the misconducts of some listed companies. This paper provides some suggestions for preventing and controlling such risks.
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Loan guarantee is the conventional practice of the financial industry in various countries of the world and represents a normal economic behavior founded on credibility. However, the commercial banks in China are now faced with great financial risks due to the imperfect laws and regulations concerning the financial industry and the misconducts of some listed companies. This paper provides some suggestions for preventing and controlling such risks.
Key concepts: Loan, Business, China, Imperfect, Credibility, Finance, Countermeasure, Financial system