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The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy …
Persistent link: https://www.econbiz.de/10015054584
The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy …
Persistent link: https://www.econbiz.de/10012447618
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This policy brief investigates the likelihood of corporate insolvency and the potential implications of debt overhang …
Persistent link: https://www.econbiz.de/10012512065
The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due...
Persistent link: https://www.econbiz.de/10012512092
As Asian markets are now increasingly integrated in the world economy their domestic insolvency systems need to meet … the expectations of international investors and lenders. Many Asian jurisdictions are responding by reforming insolvency … proceedings includes papers showing how far various Asian countries have come in building effective and predictable insolvency …
Persistent link: https://www.econbiz.de/10012447748
The 1997-1998 Asian financial crisis exposed serious deficiencies in the insolvency systems of many countries. In … response, many governments have undertaken sweeping reforms to strengthen their insolvency systems and rebuild their economies … insolvency systems of Indonesia, Korea, Malaysia, the Philippines, Singapore and Thailand. These papers examine, among other …
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