Publication: 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, 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.
“Pomerleano, Michael. 1998. Corporate Finance Lessons from the East Asian Crisis. Viewpoint: Public Policy for the Private Sector; Note No. 155. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/833dd6a7-9d01-5219-b2ce-8d723dfdd9f1 License: CC BY 3.0 IGO.”
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