作业帮英语翻译At the empirical side,however,some recent studies have d
来源：学生作业帮 编辑：作业帮 分类：英语作业 时间：2024/11/08 16:47:30
英语翻译
At the empirical side,however,some recent studies have documented that within voluntary workouts numerous and important operational changes are imposed upon firms allowed to continue in operation.In particular,these studies find that there are significant asset sales and employee layoffs from the predistress period,and that many CEOs of distressed companies are replaced after restructuring.1 Some of these changes,such as asset sales and business divestitures,may be simply undertaken to raise cash and repay part of the outstanding debt.But some others,which only affect the firm’s future revenue stream but not its current liquidity,such as the replacement of CEOs and employee layoffs not associated with plant closings,cannot serve this purpose.
At the empirical side,however,some recent studies have documented that within voluntary workouts numerous and important operational changes are imposed upon firms allowed to continue in operation.In particular,these studies find that there are significant asset sales and employee layoffs from the predistress period,and that many CEOs of distressed companies are replaced after restructuring.1 Some of these changes,such as asset sales and business divestitures,may be simply undertaken to raise cash and repay part of the outstanding debt.But some others,which only affect the firm’s future revenue stream but not its current liquidity,such as the replacement of CEOs and employee layoffs not associated with plant closings,cannot serve this purpose.
在实证方面,然而,最近的一些研究已经证明,在自愿的训练,许多重要的业务变化是强加给公司可以继续操作.特别是,这些研究发现有重大资产出售和裁员的predistress期间,和许多首席执行官困境公司改制后更换.1对其中的一些变化,如出售资产和业务剥离,可能只是为了筹集现金,偿还部分债务清偿.但另一些人,这不仅影响公司的未来收入流而不是它的流动性,如更换老总和员工裁员不与工厂关闭,不能达到这个目的.
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