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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Main Author: Pomerleano, Michael
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1998/10/441591/corporate-finance-lessons-east-asian-crisis
http://hdl.handle.net/10986/11531
id okr-10986-11531
recordtype oai_dc
spelling okr-10986-115312021-06-14T11:03:04Z Corporate Finance Lessons from the East Asian Crisis Pomerleano, Michael CORPORATE FINANCE FINANCIAL CRISES CROSS COUNTRY ANALYSIS DEBT-EQUITY RATIO INVESTMENT CORPORATE DEBT FINANCIAL INDICATORS PROFITABILITY FINANCIAL LEVERAGE DEBT SUSTAINABILTY FINANCIAL STABILITY FINANCIAL REGULATION ACCOUNTING ARBITRAGE ASSETS BANKING CRISES BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BENCHMARKS BONDS CAPITAL EMPLOYED CAPITAL FLOWS CAPITAL MARKETS CAPITALIZATION CORPORATE FINANCE CORPORATE RESTRUCTURING COST OF CAPITAL CREDIT APPROVAL CRONY CAPITALISM DEBT ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC VALUE ECONOMIC VALUE ADDED EQUITY MARKETS FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL PERFORMANCE RATIOS FINANCIAL RATIOS FINANCIAL RISK FINANCIAL SECTOR FINANCIAL SYSTEMS FIXED ASSETS FOREIGN INVESTORS GDP GROSS DOMESTIC PRODUCT IMPLICIT GUARANTEES INFLATION INFLATION RATES INTEREST COVERAGE RATIO INTEREST EXPENSE INTEREST RATE INTEREST RATES INVESTMENT BANKS INVESTMENT SPENDING LAWS LIQUIDITY MARKET LIBERALIZATION OPERATING INCOME OPPORTUNITY COSTS PORTFOLIO PROFIT MARGINS PROFITABILITY RETURN ON EQUITY SAVINGS SPECULATORS STATEMENTS SWAPS TRANSPARENCY VALUE ADDED WORKING CAPITAL 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. 2012-08-13T15:19:10Z 2012-08-13T15:19:10Z 1998-10 http://documents.worldbank.org/curated/en/1998/10/441591/corporate-finance-lessons-east-asian-crisis http://hdl.handle.net/10986/11531 English Viewpoint: Public Policy for the Private Sector; Note No. 155 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research East Asia and Pacific
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORPORATE FINANCE
FINANCIAL CRISES
CROSS COUNTRY ANALYSIS
DEBT-EQUITY RATIO
INVESTMENT
CORPORATE DEBT
FINANCIAL INDICATORS
PROFITABILITY
FINANCIAL LEVERAGE
DEBT SUSTAINABILTY
FINANCIAL STABILITY
FINANCIAL REGULATION ACCOUNTING
ARBITRAGE
ASSETS
BANKING CRISES
BANKING SECTOR
BANKING SUPERVISION
BANKING SYSTEM
BANKRUPTCY
BENCHMARKS
BONDS
CAPITAL EMPLOYED
CAPITAL FLOWS
CAPITAL MARKETS
CAPITALIZATION
CORPORATE FINANCE
CORPORATE RESTRUCTURING
COST OF CAPITAL
CREDIT APPROVAL
CRONY CAPITALISM
DEBT
ECONOMIC DEVELOPMENT
ECONOMIC RESEARCH
ECONOMIC VALUE
ECONOMIC VALUE ADDED
EQUITY MARKETS
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL INFORMATION
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL PERFORMANCE RATIOS
FINANCIAL RATIOS
FINANCIAL RISK
FINANCIAL SECTOR
FINANCIAL SYSTEMS
FIXED ASSETS
FOREIGN INVESTORS
GDP
GROSS DOMESTIC PRODUCT
IMPLICIT GUARANTEES
INFLATION
INFLATION RATES
INTEREST COVERAGE RATIO
INTEREST EXPENSE
INTEREST RATE
INTEREST RATES
INVESTMENT BANKS
INVESTMENT SPENDING
LAWS
LIQUIDITY
MARKET LIBERALIZATION
OPERATING INCOME
OPPORTUNITY COSTS
PORTFOLIO
PROFIT MARGINS
PROFITABILITY
RETURN ON EQUITY
SAVINGS
SPECULATORS
STATEMENTS
SWAPS
TRANSPARENCY
VALUE ADDED
WORKING CAPITAL
spellingShingle CORPORATE FINANCE
FINANCIAL CRISES
CROSS COUNTRY ANALYSIS
DEBT-EQUITY RATIO
INVESTMENT
CORPORATE DEBT
FINANCIAL INDICATORS
PROFITABILITY
FINANCIAL LEVERAGE
DEBT SUSTAINABILTY
FINANCIAL STABILITY
FINANCIAL REGULATION ACCOUNTING
ARBITRAGE
ASSETS
BANKING CRISES
BANKING SECTOR
BANKING SUPERVISION
BANKING SYSTEM
BANKRUPTCY
BENCHMARKS
BONDS
CAPITAL EMPLOYED
CAPITAL FLOWS
CAPITAL MARKETS
CAPITALIZATION
CORPORATE FINANCE
CORPORATE RESTRUCTURING
COST OF CAPITAL
CREDIT APPROVAL
CRONY CAPITALISM
DEBT
ECONOMIC DEVELOPMENT
ECONOMIC RESEARCH
ECONOMIC VALUE
ECONOMIC VALUE ADDED
EQUITY MARKETS
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL INFORMATION
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL PERFORMANCE RATIOS
FINANCIAL RATIOS
FINANCIAL RISK
FINANCIAL SECTOR
FINANCIAL SYSTEMS
FIXED ASSETS
FOREIGN INVESTORS
GDP
GROSS DOMESTIC PRODUCT
IMPLICIT GUARANTEES
INFLATION
INFLATION RATES
INTEREST COVERAGE RATIO
INTEREST EXPENSE
INTEREST RATE
INTEREST RATES
INVESTMENT BANKS
INVESTMENT SPENDING
LAWS
LIQUIDITY
MARKET LIBERALIZATION
OPERATING INCOME
OPPORTUNITY COSTS
PORTFOLIO
PROFIT MARGINS
PROFITABILITY
RETURN ON EQUITY
SAVINGS
SPECULATORS
STATEMENTS
SWAPS
TRANSPARENCY
VALUE ADDED
WORKING CAPITAL
Pomerleano, Michael
Corporate Finance Lessons from the East Asian Crisis
geographic_facet East Asia and Pacific
relation Viewpoint: Public Policy for the Private Sector; Note No. 155
description 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.
format Publications & Research :: Viewpoint
author Pomerleano, Michael
author_facet Pomerleano, Michael
author_sort Pomerleano, Michael
title Corporate Finance Lessons from the East Asian Crisis
title_short Corporate Finance Lessons from the East Asian Crisis
title_full Corporate Finance Lessons from the East Asian Crisis
title_fullStr Corporate Finance Lessons from the East Asian Crisis
title_full_unstemmed Corporate Finance Lessons from the East Asian Crisis
title_sort corporate finance lessons from the east asian crisis
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1998/10/441591/corporate-finance-lessons-east-asian-crisis
http://hdl.handle.net/10986/11531
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