Download Corporate Restructuring And Its Macro Effects full books in PDF, epub, and Kindle. Read online Corporate Restructuring And Its Macro Effects ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
This paper describes issues in Korea’s corporate sector, the need for restructuring, and the authorities’ initiatives and challenges. It then identifies lessons from other countries’ experience and conducts an econometric analysis based on cross-country aggregate data, compared with previous studies which mostly use firm-level data. This analysis finds that restructuring episodes, while sometimes challenging in the short term, have typically been associated with more rapid economic growth afterward. Corporate restructuring could have a negative effect on the labor and the financial markets in the short term, but is associated with positive growth through increased investment and capital productivity in the medium term, outpacing the negative effects.
Book Synopsis Corporate Restructuring and Its Macro Effects by : Mr.Jongsoon Shin
Download or read book Corporate Restructuring and Its Macro Effects written by Mr.Jongsoon Shin and published by International Monetary Fund. This book was released on 2017-02-10 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes issues in Korea’s corporate sector, the need for restructuring, and the authorities’ initiatives and challenges. It then identifies lessons from other countries’ experience and conducts an econometric analysis based on cross-country aggregate data, compared with previous studies which mostly use firm-level data. This analysis finds that restructuring episodes, while sometimes challenging in the short term, have typically been associated with more rapid economic growth afterward. Corporate restructuring could have a negative effect on the labor and the financial markets in the short term, but is associated with positive growth through increased investment and capital productivity in the medium term, outpacing the negative effects.
This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal restructuring, that is, reallocation of resources from less-productive firms to more-productive ones, on the dynamic path of aggregate output. The results show that the benefits of restructuring could substantially exceed the costs.
Book Synopsis Macro Effects of Corporate Restructuring in Japan by : Mr.Se-Jik Kim
Download or read book Macro Effects of Corporate Restructuring in Japan written by Mr.Se-Jik Kim and published by International Monetary Fund. This book was released on 2003-10-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal restructuring, that is, reallocation of resources from less-productive firms to more-productive ones, on the dynamic path of aggregate output. The results show that the benefits of restructuring could substantially exceed the costs.
Seminar paper from the year 2004 in the subject Business economics - Investment and Finance, grade: 2,0, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, 45 entries in the bibliography, language: English, abstract: It is the goal of this paper to provide an overview of empirical studies that might give evidences on how shareholder value responds to different modes of restruc-turing. Due to the restriction in pages, this study will give an insight in different modes of restructurings but will not go into detail on how corporate restructuring influences the shareholder value for specific regions or industries. Rather, the aim is to present a compact picture of the restructuring results which serve as an "appetizer" for further in depth readings about this topic. To do so, this paper will approach the subject step by step: The first part of this paper deals with fundamentals of corporate restructuring. It de-fines the term "shareholder value" and explains different approaches of how an effect of corporate restructuring can be measured monetarily. Furthermore, the term "corpo-rate restructuring" and the different changes in the firm's portfolio, organization, or capital structure are described and categorized in an easily memorable model. The second part of the paper presents different important empirical studies of whether and how restructuring effects shareholder value. The model, described in the first part, is being employed to structure these findings and is being combined with the positive or negative impacts of the conducted method of restructuring. Lastly, the third part will briefly summarize the introduced effects on shareholder value and will give advice as to which forms of restructuring should be accomplished to enhance the overall economic performance of the firm and therefore the shareholder value.
Book Synopsis Empirical Evidence on Shareholder Value Effects of Corporate Restructuring by : Arne Hildebrandt
Download or read book Empirical Evidence on Shareholder Value Effects of Corporate Restructuring written by Arne Hildebrandt and published by GRIN Verlag. This book was released on 2007-12 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2004 in the subject Business economics - Investment and Finance, grade: 2,0, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, 45 entries in the bibliography, language: English, abstract: It is the goal of this paper to provide an overview of empirical studies that might give evidences on how shareholder value responds to different modes of restruc-turing. Due to the restriction in pages, this study will give an insight in different modes of restructurings but will not go into detail on how corporate restructuring influences the shareholder value for specific regions or industries. Rather, the aim is to present a compact picture of the restructuring results which serve as an "appetizer" for further in depth readings about this topic. To do so, this paper will approach the subject step by step: The first part of this paper deals with fundamentals of corporate restructuring. It de-fines the term "shareholder value" and explains different approaches of how an effect of corporate restructuring can be measured monetarily. Furthermore, the term "corpo-rate restructuring" and the different changes in the firm's portfolio, organization, or capital structure are described and categorized in an easily memorable model. The second part of the paper presents different important empirical studies of whether and how restructuring effects shareholder value. The model, described in the first part, is being employed to structure these findings and is being combined with the positive or negative impacts of the conducted method of restructuring. Lastly, the third part will briefly summarize the introduced effects on shareholder value and will give advice as to which forms of restructuring should be accomplished to enhance the overall economic performance of the firm and therefore the shareholder value.
Download or read book Corporate Restructuring written by and published by . This book was released on 1987 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The impact of corporate restructuring on industrial research and development by : Bronwyn H. Hall
Download or read book The impact of corporate restructuring on industrial research and development written by Bronwyn H. Hall and published by . This book was released on 1989 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Written for financial and management executives, this volume provides a comprehensive and detailed examination of the restructuring of American business which has resulted from a spate of large-scale mergers, acquisitions, takeovers, and buyouts. As Alkhafaji notes at the outset, mergers and acquisitions are not new to the American business scene. However, the huge dollar value of recent transactions, such as the RJR/Nabisco buyout and the fact that large corporations once thought to be safe from takeover attempts are now potential targets, has given the process heightened impact. Alkhafaji explores the reasons for the increasing popularity of takeovers, mergers, and buyouts; who benefits from and who is affected by these strategies; who loses and who wins in the process; the international aspects of corporate restructuring; and the future implications for financial and senior managers. In addition to examining the impact of corporate restructuring on the economy, the corporation, and the individual employee, Alkhafaji provides a wealth of practical information for the executive involved in the buyout process. He explains the various characteristics of companies that prompt merger and takeover actions, provides a rationale for the rapid increase in such activities, presents strategies that management should use before, during, and after the buyout, offers a comprehensive guide to what is involved in the restructuring process, and discusses the stages of mergers, takeovers, and buyouts to help managers understand the process better. The author also shows why buyouts have now become popular in the international marketplace. An extensive review of the available literature includes many illustrative realworld examples, and the author's own empirical studies are included to demonstrate management perceptions toward different aspects of the restructuring process. Both current and future managers will find this book enlightening and provocative reading.
Book Synopsis Restructuring American Corporations by : Abbass F. Alkhafaji
Download or read book Restructuring American Corporations written by Abbass F. Alkhafaji and published by Praeger. This book was released on 1990-09-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for financial and management executives, this volume provides a comprehensive and detailed examination of the restructuring of American business which has resulted from a spate of large-scale mergers, acquisitions, takeovers, and buyouts. As Alkhafaji notes at the outset, mergers and acquisitions are not new to the American business scene. However, the huge dollar value of recent transactions, such as the RJR/Nabisco buyout and the fact that large corporations once thought to be safe from takeover attempts are now potential targets, has given the process heightened impact. Alkhafaji explores the reasons for the increasing popularity of takeovers, mergers, and buyouts; who benefits from and who is affected by these strategies; who loses and who wins in the process; the international aspects of corporate restructuring; and the future implications for financial and senior managers. In addition to examining the impact of corporate restructuring on the economy, the corporation, and the individual employee, Alkhafaji provides a wealth of practical information for the executive involved in the buyout process. He explains the various characteristics of companies that prompt merger and takeover actions, provides a rationale for the rapid increase in such activities, presents strategies that management should use before, during, and after the buyout, offers a comprehensive guide to what is involved in the restructuring process, and discusses the stages of mergers, takeovers, and buyouts to help managers understand the process better. The author also shows why buyouts have now become popular in the international marketplace. An extensive review of the available literature includes many illustrative realworld examples, and the author's own empirical studies are included to demonstrate management perceptions toward different aspects of the restructuring process. Both current and future managers will find this book enlightening and provocative reading.
Book Synopsis Essays on the Causes and Effects of Corporate Restructuring by : Audra L. Boone
Download or read book Essays on the Causes and Effects of Corporate Restructuring written by Audra L. Boone and published by . This book was released on 2002 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Causes and Consequences of Corporate Restructuring During the Economic in South Korea and Singapore by : Jinyan Zhu
Download or read book Causes and Consequences of Corporate Restructuring During the Economic in South Korea and Singapore written by Jinyan Zhu and published by . This book was released on 2001 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Corporate Restructuring on the Adoption of Innovations by : George M. Puia
Download or read book The Effects of Corporate Restructuring on the Adoption of Innovations written by George M. Puia and published by . This book was released on 1993 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Corporate Restructuring by : John W. Eastman
Download or read book Corporate Restructuring written by John W. Eastman and published by . This book was released on 1994 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
