Business Groups in East Asia: Financial Crisis, by Sea-Jin Chang PDF

By Sea-Jin Chang

The 1997 Asian hindrance mostly affected Thailand, Indonesia, Malaysia, and Korea in addition to different East Asian nations seriously depending on intra-regional alternate. Banks and different monetary associations fast develop into bancrupt, and seriously indebted business organizations went bankrupt. lots of those corporations have been affiliated with the enterprise teams of this zone, but such a lot teams didn't instantly cave in, certainly they proved remarkably powerful, a few surviving or even prospering. This booklet examines those East Asian company teams and provides vital updated facts on their next restructuring following the Asian Crisis.

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