Unfortunately, Reorganization procedure may generate inefficient effects, such as saving firms without goingconcernvalue and providing adverse incentives.
重组程序也有可能产生无效率的结果,包括拯救没有存续价值的企业和对当事人的激励产生负面影响。
2
The goingconcern convention is not the direct basis of the historical cost principle, It is all the basis of nonliquidation value.
持续经营假设不是历史成本原则的直接基础,它是所有非清算价值的共同基础。
3
If a company were to be sold rather than liquidated, both tangible and intangible assets would be considered in the determination of the company's going-concernvalue.