A Study on the Reconstruction Accounting the Company - A Reduction on Capital Stock Approach -

회사재건회계에 대한 고찰 - 감자회계를 중심으로 -

A corporation that consisently suffers net loss accumulates negative retained earnings, or a deficit. These corporation were finally bankruptcy. The bankruptcy of corporation was not a desirable in the view of investors, creditors and other user. Therefore, the reconstruction of the deficit corporation was desirous. The reconstruction method of the deficit corporation was variety. This paper focus on the reduction on capital stock in order to reconstruct the deficit corporation.