Credit Risk and Credit Access in Asia
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Author
Publication
2006 - Organisation for Economic Co-operation and Development, Paris, France
Language
English
Word Count
103,000 words, Guess
Page Count
412 pages
Physical Format
Electronic resource
Identifiers
- Internet Archivecreditriskcredit00oecd
- ISBN-109264035982
- ISBN-139789264035980
- OCLC Control Number703870297
- Open LibraryOL25541857M
Classifications
- LCCHG3769.A7814 C74 2006eb
Description
The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern.Ớ This, despite signs of improvement resulting from dramatic regulatory overhauls that followed the 1997-1998 Asian financial crisis. ỚMoreover, the absence of widespread real restructuring following corporate collapses in Asia may force governments to acknowledge higher real losses dissimulated in their financial systems.ỚỚ Effective risk management practices, sound legal systems for restructuring, liquidation and recovery, and the underlying institut.
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