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Rescuing Business : Reorganizing Bankrupt Firms as Organizational Processes

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dc.contributor.authorPark, Chan-Ung-
dc.date.accessioned2014-01-08T05:17:00Z-
dc.date.available2014-01-08T05:17:00Z-
dc.date.issued2005-06-
dc.identifier.citationDevelopment and Society, Vol.34 No.1, pp. 49-73-
dc.identifier.issn1598-8074-
dc.identifier.urihttp://hdl.handle.net/10371/86670-
dc.description.abstractIn the present paper, I examined the processes of corporate bankruptcy proceedings of the listed companies on the Korea Stock Exchange. I collected a comprehensive list of all listed companies that went bankrupt since 1990. The main findings are as follows: first, the economic crisis resulted in a number of large firms going bankrupt; second, the duration varies substantially across the firms that survived; and finally, a set of organizational characteristics such as sales, assets, firm age at the time of bankruptcy, and, most importantly, when a firm filed for bankruptcy influenced the duration of bankruptcy proceedings. These findings illustrate the impacts of key organizational factors and institutional environments on the organizational processes of post-bankruptcy proceedings toward going back to business.-
dc.description.sponsorshipThis work was supported by Korea Research Foundation Grant(KRF-2004-041-B00326).-
dc.language.isoen-
dc.publisherInstitute for Social Development and Policy Research, Center for Social Sciences, Seoul National University-
dc.subjectcorporate-
dc.subjectbankruptcy-
dc.subjectduration-
dc.subjectcomposition-
dc.subjectreorganization-
dc.titleRescuing Business : Reorganizing Bankrupt Firms as Organizational Processes-
dc.typeSNU Journal-
dc.citation.journaltitleDevelopment and Society-
dc.citation.endpage73-
dc.citation.number1-
dc.citation.pages49-73-
dc.citation.startpage49-
dc.citation.volume34-
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College of Social Sciences (사회과학대학)Institute for Social Development and Policy Research (사회발전연구소)Development and Society Development and Society Vol.34 No.1/2 (2005)
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