Benefits and Costs of Corporate Debt Restructuring : An Estimation for Korea /

The paper offers a method to quantify benefits and costs of corporate debt restructuring, with an application to Korea. We suggest a "persistent ICR 1" criterion to capture firms that had ICR 1 for multiple consecutive years and thus will likely require restructuring. We assess the benefit...

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书目详细资料
主要作者: Chung, Jae
其他作者: Ratnovski, Lev
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2016.
丛编:IMF Working Papers; Working Paper ; No. 2016/204
在线阅读:Full text available on IMF