Corporate Finance Lessons from the East Asian Crisis
This Note examines the corporate roots of the financial crisis in East Asia. It summarizes the findings of a study of corporate financial performance in East Asian economies - Hong Kong, Indonesia, the Republic of Korea, Malaysia, the Philippines,...
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Format: | Viewpoint |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/1998/10/441591/corporate-finance-lessons-east-asian-crisis http://hdl.handle.net/10986/11531 |
Summary: | This Note examines the corporate roots
of the financial crisis in East Asia. It summarizes the
findings of a study of corporate financial performance in
East Asian economies - Hong Kong, Indonesia, the Republic of
Korea, Malaysia, the Philippines, Taiwan (China), and
Thailand. To allow a consistent cross-border analysis of
financial risk and performance, the study used as benchmarks
key financial performance ratios for corporations in France,
Germany, Japan, the United States, and Latin America. |
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