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dc.contributor.authorQu, Charles
dc.date.accessioned2017-05-03T11:44:39Z
dc.date.available2017-05-03T11:44:39Z
dc.date.issued2013
dc.date.modified2013-08-29T23:14:49Z
dc.identifier.isbn9783659343001
dc.identifier.urihttp://hdl.handle.net/10072/52877
dc.description.abstractA corporate reorganisation system that ensures optimal development of distressed companies' assets helps promote economic development. In many developed economies, faltering firms are reorganised through a formal corporate reorganisation procedure. The Hong Kong government has recently recommended the enactment of such a procedure on the assumption that the existing corporate and insolvency framework is ill-equipped to restructure failing companies. This book rebuts this assumption through an assessment of the efficiency of the judicially-developed reorganisation system that has emerged as a result of the failure to introduce a formal reorganisation procedure a decade ago. It argues that since an efficient alternative reorganisation system has been locked in for Hong Kong for more than a decade, a purposely-designed reorganisation regime is no longer imperative for this region.
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherLambert Academic Publishing
dc.publisher.placeGermany
dc.publisher.urihttps://www.lap-publishing.com/
dc.relation.ispartofstudentpublicationN
dc.rights.retentionY
dc.subject.fieldofresearchCorporations and Associations Law
dc.subject.fieldofresearchcode180109
dc.titleDurability of Hong Kong's Scheme-based Reorganisation System
dc.typeBook
dc.type.descriptionA2 - Books (Other)
dc.type.codeA - Books
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.date.issued2013
gro.hasfulltextNo Full Text
gro.griffith.authorQu, Charles Z.


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