安永&CM：2024混合破产解决程序研究报告（英文版）

Corporate distress and firm closure are unavoidable. To a certain extent, it is a desired outcome of strong market economies, a process of self-cleansing and market efficiency that promotes the survival of the most competitive firms. Market forces nudge nonviable firms that remain in business (so-called zombies) to leave the market to make resources available for other firms. Their continued existence can lead to credit misallocation and a drop in economic productivity. Consensus-driven solut