The Decline in Bank-Led Corporate Restructuring in Japan: 1981-2010
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Using a unique dataset on all major corporate restructuring events in Japan between 1981 and 2010, we examine how bank-led rescue operations in Japan have changed over time. The incidence of restructuring by distressed firms has become less frequent after the 1990s. When firms undergo restructuring,
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美国国家经济研究局创建时间：
2017-08-01
