Debt restructuring through equity issues

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Debt restructuring through equity issues

This paper examines whether new equity may be issued to recapitalize existing assets in financially distressed firms. Using a sample of 3,184 follow-on primary common stock issues offered by Korean publicly traded firms from 2000–2013, we find that more than one-third of the equities are issued to c...

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Bibliographic Details
Main Authors:	Kim, Woojin, Ko, Young Kyung *, Wang, Shu Feng
Format:	Article
Published:	2019
Subjects:	HF5601 Accounting
Online Access:	http://eprints.sunway.edu.my/1089/

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