A study on characteristic of a reorganization type bankruptcy processing application company : Empirical Analysis of Financial Ratios

本研究通过对《民事复兴法》中的公司进行分析，以明确该行为是否存在于社会中，是否具有公司重整的功能。因此，《民事复兴法》对一家上市公司的结案率仅为39.2%，平均重整期限为30个月。许多实现重组的公司都有技术上的特殊性，一次业务转移就够了。另一方面，有许多公司被迫破产，甚至有可能在没有地位的中小企业中发现没有支持的重组的前景。这项研究证明，从财务角度分析民事康复法公司的回放率时，财务比率变得比破产公司更糟糕。流动性比率的降低，尤其是利率负担的上升。此外，发现不少破产公司原本适用《民事复兴法》规定的公司进行破产处理，还有一家公司申请临时办理民事重整程序。这一点很清楚，因为民事复原法是在月底(21日，30日)实施的，此时债务的偿还集中在。

This study analyzed Civil Rehabilitation Law companies to clarify whether the act settled in society and functioned as company reorganization. As a result, closing rate of Civil Rehabilitation Law was only 39.2% about a listed company and there were 30 months for an average reorganization period. Many of companies which achieved reorganization had technology peculiar, and a line was enough by a business transfer. On the other hand, there are many companies driven into the bankruptcy and there is even a prospect of the reorganizing without support being found in a medium and small-sized business without standing. This study proved that financial ratios turned worse than a bankruptcy company when play-back rate of a Civil Rehabilitation Law companies were analyzed from a financial aspects.Decreasing the liquidity ratio, a rise of an interest rate burden had been seen in particular. In addition, it was found that a lot of insolvency companies originally apply to a Civil Rehabilitation Law companies for bankruptcy processing, and a company applies to "a makeshift" for a civil affair reorganization procedure. This is clear because Civil Rehabilitation Law were applied at the end of the month (21st, 30th) when payment of a debt centers on.