Resolution of Financial Distress (Record no. 49619)

MARC details
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fixed length control field 06016cam a2200361 a 4500
001 - CONTROL NUMBER
control field wbnk9780821349069
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260707173031.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION
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007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 001109s2001 dcua sb 001 0 eng
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 00065484
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780821349069
040 ## - CATALOGING SOURCE
Original cataloging agency DLC
Transcribing agency DLC
Modifying agency DLC
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number K1370
Item number .R47 2001
082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 346.07/8
Edition number 21
090 ## - LOCALLY ASSIGNED LC-TYPE CALL NUMBER (OCLC); LOCAL CALL NUMBER (OCLC)
-- 49619
-- 49615
245 00 - TITLE STATEMENT
Title Resolution of Financial Distress
Medium [electronic resource] :
Remainder of title An International Perspective on the Design of Bankruptcy Laws
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Washington, D.C. :
Name of publisher, distributor, etc World Bank,
Date of publication, distribution, etc c2001.
300 ## - PHYSICAL DESCRIPTION
Extent xxxii, 390 p. :
Other physical details ill. ;
Dimensions 24 cm.
440 #0 - SERIES STATEMENT/ADDED ENTRY--TITLE
Title WBI development studies
9 (RLIN) 43514
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc Includes bibliographical references and index.
505 8# - FORMATTED CONTENTS NOTE
Formatted contents note Machine generated contents note: Contents -- Foreword vii -- Contributors ix -- Resolution of Financial Distress: An Overview xv -- Stijn Claessens, Simeon Djankov, and Ashoka Mody, The World Bank -- Insolvency Regimes: Current Interest and Principles xvii -- Systemic Distress and Corporate Restructuring xxii -- Conclusions xxx -- References xxxi -- 1. Bankruptcy Laws: Basic Economic Principles -- Joseph E. Stiglitz, Stanford University -- Key Principles 2 -- Efficiency and Incentive Issues 7 -- Seller Beware 13 -- Implications for Policy 13 -- The Theory of Systemic Bankruptcy 16 -- Conclusion 21 -- References 22 -- 2. Bankruptcy Procedures in Countries Undergoing -- Financial Crises 25 -- Michelle J. White, University of Michigan -- Economrnic Issues in Corporate Bankruptcy 25 -- Bankruptcy and Entrepreneurial Activity 39 -- Conclusion 43 -- References 43 -- iii 3. Systemic Corporate Distress: A Legal Perspective 47 -- Jay Lawrence Westbrook, The University of Texas at Austin -- The Reform Movement 48 -- Elements of Reform 50 -- Special Rules for Systemic Distress 58 -- Cross-Disdciplinary Research 60 -- References 63 -- 4. Creditor Protection and Bankruptcy Law Reform 65 -- Rafael La Porta and Florencio Lopez-de-Silanes, Harvard University -- Content of Bankruptcy Laws around the World 66 -- Enforcement of Laws around the World 72 -- Consequences of Creditor Protection in Finandcial Markets 76 -- Real Consequences of Creditor Protection 78 -- Reforming Bankruptcy Procedures 80 -- Conclusion 85 -- Appendix 4A. Definitions of Variables 86 -- References 88 -- 5. Corporate Debt Restructuring: Auctions Speak Louder -- Than Words 91 -- Donald B. Hausch, University of Wisconsin, and S. Ramachandran, World Bank -- Market-Based Bankruptcy 94 -- The Proposed ACCORD 95 -- Implementing ACCORD 97 -- Additional Considerations 102 -- Conclusion 105 -- References 105 -- 6. Alphatec Electronics PCL 107 -- Perry Fagan, C. Fritz Foley, and Stuart Gilson, Harvard Business School -- History of Alphatec Electronics and The Alphatec Group 109 -- Alphatec in Distress 113 -- The First Restructuring Plan 128 -- The New Thai Bankruptcy Law 134 -- The Rehabilitation Plan 136 -- Postscript 145 --7. Corporate Debt Restructuring in a Systemic Financial Crisis: -- Mexico's Experience, 1996-98 149 -- Alberto Mults, Fondo Bancario de Protecci6n al Ahorro -- Corporate Debt Restructuring, 1995-97 151 -- FOBAPROA's Role as a Restructuring Agent through its -- Corporate Asset Recovery Unit 160 -- Key Lessons from Mexico's 1996-98 Restructuring -- Experience 164 -- 8. Reconstruction Finance Corporation Assistance to Financial -- Intermediaries and Commercial and Industrial Enterprises -- in the United States, 1932-37 167 -- Joseph R. Mason, Drexel University, LeBow College of Business -- RFC Background: Politics, Funding, and Operations 168 -- RFC Assistance to Financial Institutions and Commercial and -- Industrial Enterprises 172 -- Summary and Condclusions 201 -- References 202 -- 9. Japan Confronts Corporate Restructuring 205 -- Arthur J. Alexander, Japan Economic Institute -- The Case for Restructuring 206 -- Managing Financial Distress 211 -- Conclusions 226 -- References 227 -- 10. Financial Restructuring in East Asia: Halfway There? 229 -- Stijn Claessens, Simeon Djankov, and Daniela Ktingebiel, World Bank -- Was the East Asian Crisis Unique? 229 -- East Asian Crisis: Similar Origins to Previous Crises, -- but Difference in Scale 230 -- Steep Decline and Rapid Recovery 230 -- Corporate Restructuring Is Gathering Speed 243 -- The Risk of an Unsustainable Recovery 251 -- References 258 -- 4 -- 11. The Politics of Corporate and Financial Restructuring: -- A Comparison of Korea, Thailand, and Indonesia 261 -- Stephan Haggard, University of California, San Diego -- Financial and Corporate Restructuring: Political Issues -- and Empirical Patterns 263 -- Financial and Corporate Restructuring: Political -- Deterrminants 268 -- Korea 271 -- Thailand 282 -- Indonesia 292 -- Conclusion 301 -- References 302 -- 12. The Role of Cross-Border Mergers and Acquisitions in -- Asian Restructuring 305 -- Ashoka Mody and Shoko Negishi, World Bank -- Cross-Border M&A: Trends, Motives, and Impacts 306 -- East Asian Financial Distress and Recovery 314 -- Cross-Border M&As in East Asian Restructuring 321 -- Policy Implications 331 -- Conclusion 335 -- References 337 -- 13. Asset Management Companies 341 -- Daniela Klingebiel, World Bank -- The Centralized Versus the Decentralized Approach 342 -- The Different Types of Asset Management Companies 346 -- Evidence 349 -- Lessons from Cross-Country Experience 355 -- Appendix 13.A. Main Characteristics of Asset Management -- Companies 361 -- Bibliography and Reference List 372 -- Index 381.
533 ## - REPRODUCTION NOTE
Type of reproduction Electronic reproduction.
Place of reproduction [Washington, D.C.] :
Agency responsible for reproduction World Bank Group,
Date of reproduction [2007].
Series statement of reproduction (World Bank e-Library)
539 ## -
-- s
-- 2007
-- dcu
-- n
-- s
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Bankruptcy.
9 (RLIN) 6605
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Debtor and creditor.
9 (RLIN) 72086
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Claessens, Stijn.
9 (RLIN) 68650
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Djankov, Simeon.
9 (RLIN) 70275
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Mody, Ashoka.
9 (RLIN) 70299
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title World Bank e-Library.
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://www.worldbank.icebox.ingenta.com/content/wb/219">http://www.worldbank.icebox.ingenta.com/content/wb/219</a>

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