## Large-Scale Post-Crisis Corporate Sector Restructuring

_IMF Policy Discussion Papers, July 1, 2000_

## Source details

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## Other formats

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## Bibliographic details
- Authors: Mark R. Stone
- Published: July 1, 2000
- Series: IMF Policy Discussion Papers
- DOI: https://doi.org/10.5089/9781451971538.003

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### Summary and purpose
- This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based on nine recent episodes.
- The paper's aim is to organize policy choices and draw general conclusions from these episodes.

### Key findings and conclusions
- Government-led restructuring efforts should integrate corporate and bank restructuring.
- Integration should be performed in a holistic and transparent strategy.
- Strategies should be based on clearly defined objective and include sunset provisions.

### Policy implications and recommended modalities
- Integrate corporate and bank restructuring rather than treating them in isolation.
- Adopt holistic approaches that align objectives across sectors and institutions.
- Ensure transparency in strategy and implementation to support credibility and accountability.
- Define clear objectives for restructuring programs to guide decision-making.
- Include sunset provisions to limit the duration and scope of government-led interventions.

### Subject areas and keywords
- Subjects: Asset and liability management, Banking, Business enterprises, Corporate sector, Creditor bail-in, Debt restructuring, Economic sectors, Financial crises
- Keywords: AMC manager, asset management corporation, bank, bank capital, bank loss, bank privatization, bank resolution cost, Business enterprises, Corporate restructuring, Corporate sector, country, Creditor bail-in, Debt restructuring, East Asia, Financial crises, Financial restructuring, governance, nonviable bank, PDP, recapitalization

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## Content in this bundle

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_Source: https://www.imf.org/en/publications/imf-policy-discussion-papers/issues/2016/12/30/large-scale-post-crisis-corporate-sector-restructuring-3685_