The Role of Corporate, Legal and Macroeconomic Balance Sheet Indicators in Crisis Detection and Prevention

The Role of Corporate, Legal and Macroeconomic Balance Sheet Indicators in Crisis Detection and Prevention
This study tests the recent balance sheet explanations of external crises in emerging market countries and the role of standards in these crises. Using several unique data sets, it finds that corporate sector balance sheets have a very significant impact on both the likelihood and depth of external crises. The indicators supplement, rather than... READ MORE...

Publication date: March 2002
ISBN 9781451847956
$15.00

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