The Enterprise Bankruptcy Law (Trial Implementation) established procedures for insolvent state enterprises, a significant departure from the assumption that public firms would always be rescued. Implementation was limited and workers’ livelihoods remained politically sensitive, but it introduced the possibility that a state enterprise could close.
Log in om dit verhaal leuk te vinden of te bookmarken.
🔖 Bookmarken
Nu in het nieuws
Nog geen afbeeldingen of video's voor deze gebeurtenis.
Gerelateerde evenementen
Why was the 1986 bankruptcy law significant?
🎉😄
😢
Uitleg
It broke with the idea that state enterprises could never be legally insolvent.