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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Detalhes bibliográficos
Main Authors:Klapper, Leora
Outros Autores:Djankov, Simeon, 1970-
Claessens, Stijn, 1959-
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : The World Bank, 1999
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