Resolution of Corporate Distress : Evidence from East Asia's Financial Crisis

Resolution of Corporate Distress : Evidence from East Asia's Financial Crisis / Klapper, Leora

June 1999 - Evidence from East Asia suggests that a firm's ownership relationship with a family or bank provides insurance against the likelihood of bankruptcy during bad times, possibly at the expense of minority shareholders. Bankruptcy is more likely in countries with strong creditor rights...

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Bibliographic Details
Main Authors:Klapper, Leora
Other Authors:Djankov, Simeon, 1970-
Claessens, Stijn, 1959-
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 1999
Subjects:
Bank
Bankruptcy
Bankruptcy Filing
Bankruptcy Filings
Banks and Banking Reform
Cred Creditor
Creditors
Debt
Debt Markets
Earnings
Economic Theory and Research
Emerging Markets
Expenses
Finance and Financial Sector Development
Financial Crisis
Financial Distress
Financial Institutions
Financial Literacy
Interest
Loan
Macroeconomics and Economic Growth
Ownership
Private Sector Development
Probability
Regression Analysis
Stakeholders
State University
Online Access:URL des Erstveröffentlichers
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Internet
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