Abstract

There is usually a transaction behavior of parent-subsidiary corporation’s connected guarantee inside enterprise group, and this credit risk has become an important means of contagion within the group. From the perspective of abstract theory, and aiming at the mechanism of the internal credit risk contagion of enterprises, this paper studies the possible gap between the elements like actual debt, stock equity and deadline, and provides powerful reference for the debt guarantee behavior between parent corporation and subsidiary corporation, thus better serving the study on debt risk issues.

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