资源描述：
《Corporate Restructuring Lessons from Experience.pdf》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、CORPORATERESTRUCTURINGInthewakeoftheperiodicfinancialcrisesofthelate1990s,theinternationalfinancialinstitutionsandmanyexpertshaverecognizedtheneedforastrategytoavoidandmitigatetheseverityofcrisesinthecorporatesector.Addressingthisproblemrequiresthecomplementaryeffortsofpolicymakers,regulators,lawye
2、rs,insolvencyexperts,corporaterestructuringspecialists,andfinanciers.LESSONSFROMEXPERIENCEWhataretherootsofcorporatedistress?Cansystemiccorporatecrisesbepredicted?Whatistheroleoflegalframeworksinpreventingandcopingwithacrisis?Whatarethemosteffectivefinancialtechniquesfordealingwithdistressedcorpora
3、tes?Thistimelyvolumetakesanin-depthlookattheeffortstofightcorporatecrisisinIndonesia,Korea,Malaysia,andThailand,amongothers,anddiscussesthevitalroleofgovernmentsinsecuringanenablinglegalsystem,effectiveout-of-courtworkouts,supportivetaxregimes,andcomplementarypolicyandregulatoryinitiativestoconfron
4、tsystemiccorporatedistress.EditedbyMichaelPomerleanoTheWorldBankWilliamShaw1818HStreet,NWWashington,DC20433USATelephone:202.473.1000Facsimile:202.477.6391Internet:www.worldbank.orgE-mail:feedback@worldbank.orgISBN0-8213-5928-2978-8-213-59282-6CorporateRestructuringLessonsfromExperience00-forematter
5、2.inddi6/9/059:32:12PMCorporateRestructuringLessonsfromExperienceEditedbyMichaelPomerleanoWilliamShaw00-forematter2.inddiii6/9/059:32:16PMCopyright©2005TheInternationalBankforReconstructionandDevelopment/TheWorldBank1818HStreet,N.W.Washington,D.C.20433,USAAllrightsreservedManufacturedintheUnitedSta
6、tesofAmericaFirstprintingMarch2005Thefindings,interpretations,andconclusionsexpressedinthisbookareentirelythoseoftheauthorsandshouldnotbeattributedinanymannertotheWorldBank,toitsaffiliatedorganizations,ortomembersofitsBoardofExecutiveDirectorsorthecountriestheyrepre-sent.TheWorldBankdoesnotguarante
7、etheaccuracyofthedataincludedinthispublica-tionandacceptsnoresponsibilityforanyconsequenceoftheiruse.Theboundaries,colors,denominations,andotherinformationshownonanymapinthisvolumedonotimplyonthepartoftheWo
