The Role of M&A in Restructuring Korea's Distressed Firms

With the outbreak of the financial crisis in mid-1997, the Korean government has removed a majority of M&A-related regulations in order to facilitate M&A transactions. This was based upon the belief that M&As are one of the most efficient ways to restructure financially distressed firms...

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Bibliographic Details
Main Author: Choi, Yong-Seok
Format: Article
Language:English
Published: Korea Development Institute 2004-12-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://doi.org/10.23895/kdijep.2004.26.2.179