This White Paper considers the problem of corporate debt overhang and discusses the policy tools to address it. Corporate debt overhang describes the scenario in which a company’s debts are so great that...
This Toolkit is aimed primarily at policy makers, financial institutions, and enterprises. It examines different types of corporate restructuring procedures on the basis that one size does not fit across...
Mongolian firms were eager to become more attractive to foreign investors, who more often eyed opportunities in neighboring countries. Better corporate governance which brings more discipline and transparency...
The principles are designed as a broad-spectrum assessment tool to assist countries in their efforts to evaluate and improve the core aspects of their commercial law systems that are fundamental to a sound...
As part of an ongoing effort to modernize its laws in preparation for accession to the European Union (EU), the authorities of the Czech Republic recently expressed a renewed commitment to developing a...
Researchers have decried the limited supply of objective, comparable firm-level data from developing countries. The author describes a new database that helps fill this information gap. The database has...
This report presents the main findings of surveys of 3,700 manufacturing firms in Indonesia, Korea, Malaysia, the Philippines, and Thailand, conducted by the governments of these countries from November...