(2014), "The capital structure of Malaysian firms in the aftermath of Asian financial crisis 1997", Journal of Global Business & Economics, Vol. 8, no. 1, pp. 1-20.Piaw, L.L.T., & Jais, M. (2014). The capital structure of Malaysian firms in the aftermath of Asian Crisis 1997...
Summary and conclusions The paper looks at how the co-movement of seven countries’ stock markets has changed over the periods before, during and after the Asian financial crisis. To see this, we conducted correlation coefficients tests, co-integration tests, and Granger causality tests. The main...
3 To achieve these objectives the paper investigates: (i) firm-specific and country-specific determinants of corporate debt maturity structure in the Asia Pacific region; (ii) whether, and how, the Asian financial crisis of 1997 affected the corporate debt maturity choice of firms; and (iii) ...
Summary Excerpt Details After a period of economic upturn in the beginning of the 1990s, Asia has been concussed by a severe fiscal crisis in 1997. As the name implies the Asian Financial Crisis happened in Asia, more precisely in the Eastern Pacific Part of Asia (see Appendix A). ...
Value relevance of discretionary accruals in the Asianfinancial crisis of 1997–1998qJong-Hag Choia, Jeong-Bon Kimb, Jay Junghun Leec,⇑aSeoul National University, Republic of KoreabCity University of Hong Kong, Hong KongcHong Kong Baptist University, Hong Konga r t i c l ei n f oArtic...
TheAsianFinancial Crisis 199772 GDP Introdction Analaysis Reasons Influence IMFevaluation 泰铢盯住 美元,经常 账户逆差 吸引外资 流入,利用 资本项目弥 补 国外资本 涌入 资产价格 泡沫 银行巨额 不良资产 货币紧缩 利率上升 抑制投资 消费不足 经济衰退 ...
The Asian Financial Crisis TheAsianFinancialCrisis Hung-GayFungUniversityofMissouri-St.Louis PresentationOutline DiscussbrieflythebehavioroftheForeignExchange(FX)ofSoutheastAsianCountries.Assessdifferentfactorsthatleadtothecurrencycrisis.OpportunitiesandImplicationsforU.S.companies ForeignExchangeRates SinceJune1997,FX...
“Asian Crisis” of 1997-98 affected all the “emerging markets” open to capital flows. Measures of corporate governance, particularly the effectiveness of protection for minority shareholders, explain the extent of depreciation and stock market decline better than do standard macroeconomic measures. A...
Economic reality has a way of confounding economic oracles and soothsayers; and even the traditional circumspection of the ‘on the one hand… on the other’ variety with which economists are prone to cloak their predictions, is often an...
The Asian financial crisis—the topic has dominated headlines throughout the world. Since July 1997, there have been more than 16,000 articles, journals, and reviews published nationally and internationally on this subject.This is a preview of subscription content, log in via an institution to ch...