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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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2016.
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| Series: | IMF Working Papers; Working Paper ;
No. 2016/204 |
| Online Access: | Full text available on IMF |