Dynamics of corporate performance in Thailand /

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Bibliographic Details
Author / Creator:Haksar, V. (Vikram), author.
Imprint:Washington, D.C. : International Monetary Fund, 2003.
Description:1 online resource (29 pages) : illustrations
Language:English
Series:IMF working paper ; WP/03/214
IMF working paper ; WP/03/214.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496799
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Other authors / contributors:Piyabha Kongsamut, author.
International Monetary Fund. Asia and Pacific Department.
ISBN:1283515059
9781283515054
9781451875010
1451875010
9781451919608
1451919603
Notes:Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:Annotation Recent crises in emerging markets have highlighted the role of the corporate sector in transmitting financial shocks to the macroeconomy. This paper takes stock of the performance of the Thai corporate sector in emerging from the Asian crisis, and discusses remaining challenges and vulnerabilities. Econometric evidence is presented on the impact of excess leverage on performance. Debt levels, though high, have fallen from post-crisis peaks, while returns and corporate cash flows have stabilized. However, the aggregate picture masks significant firm-level variation, which is analyzed by examining estimated distributions for various indicators across firms.
Other form:Print version: Haksar, V. (Vikram). Dynamics of corporate performance in Thailand. Washington, D.C. : International Monetary Fund, 2003