Series: IMF Working Papers
Author(s): Qaizar Hussain , and Clas Wihlborg
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1999
Keywords: Financial crisis, Insolvency procedures, Bankruptcy, Capital structure, Shareholder concentration, Firm performance, Asian crisis, insolvency, correlations, correlation
This paper explores insolvency and debt recovery procedures, and political, legal, and institutional factors influencing financial decisions of corporations and banks during pre-crisis years in six Asian economies....