|
| << vorige | volgende >> |
Tijdschrift beschrijving
Alle jaargangen van het bijbehorende tijdschrift
Alle afleveringen van het bijbehorende jaargang
Alle artikelen van de bijbehorende aflevering
Details van artikel 2 van 6 gevonden artikelen
| Titel: |
Insolvency in the Corporate Sector and Financial Crisis in Korea |
| Auteur: |
Kim, Joon-Kyung Lee, Chung H. |
| Verschenen in: |
Journal of the Asia Pacific economy |
| Paginering: | Jaargang 7 (2002) nr. 2 pagina's 267-281 |
| Jaar: |
2002-06-01 |
| Inhoud: |
The paper argues that by the time of the 1997-98 crisis, Korea's corporate and financial sectors became highly vulnerable to bankruptcy. Evidence is presented showing that between the late 1980s and 1997 the profitability of Korea's corporate sector was on a decreasing trend although it had some short-term ups and downs. It is argued that the declining profitability, which in combination with a rising debt leverage impaired the corporate sector's debt-service capacity, was due to rising labor costs in Korea and increasing competition from labor-abundant, developing countries such as China. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 2 van 6 gevonden artikelen
| << vorige | volgende >> |