IMF Policy Discussion Papers

Large-Scale Post-Crisis Corporate Sector Restructuring

By Mark R. Stone

July 1, 2000

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Mark R. Stone Large-Scale Post-Crisis Corporate Sector Restructuring, (USA: International Monetary Fund, 2000) accessed December 28, 2024
Disclaimer: This Policy Dicussion Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based on nine recent episodes with a view to organizing the policy choices and drawing some general conclusions. These episodes suggest that government-led restructuring efforts should integrate corporate and bank restructuring in a holistic and transparent strategy based on clearly defined objective and including sunset provisions.

Subject: Asset and liability management, Banking, Business enterprises, Corporate sector, Creditor bail-in, Debt restructuring, Economic sectors, Financial crises

Keywords: AMC manager, Asset management corporation, Bank, Bank capital, Bank loss, Bank privatization, Bank resolution cost, Business enterprises, Corporate restructuring, Corporate sector, Country, Creditor bail-in, Debt restructuring, East Asia, Financial crises, Financial restructuring, Governance, Nonviable bank, PDP, Recapitalization

Publication Details

  • Pages:

    31

  • Volume:

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  • DOI:

    ---

  • Issue:

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  • Series:

    Policy Discussion Paper No. 2000/007

  • Stock No:

    PPIEA0072000

  • ISBN:

    9781451971538

  • ISSN:

    1564-5193