by Lo Wai Mei. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1998. / Includes bibliographical references (leaves 74-75). / ACKNOWLEDGEMENTS --- p.i / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.vi / LIST OF CHARTS --- p.vii / CHAPTER / Chapter I --- INTRODUCTION --- p.1 / Chapter 1.1 --- Background --- p.1 / Chapter 1.2 --- Recent Development --- p.2 / Chapter 1.3 --- Objectives of Study --- p.3 / Chapter 1.4 --- Scope of Study --- p.4 / Chapter 1.5 --- Definition of terms --- p.6 / Chapter II --- LITERATURE REVIEW --- p.7 / Chapter 2.1 --- Studies on Corporate Failure --- p.7 / Chapter 2.2 --- Studies on causes and impacts of Corporate Failure --- p.9 / Chapter 2.3 --- Studies on remedial measure and turnaround strategy --- p.11 / Chapter III --- METHODOLOGY --- p.13 / Chapter 3.1 --- Data Analyses --- p.13 / Chapter 3.2 --- Case Studies --- p.14 / Chapter 3.3 --- Limitations --- p.15 / Chapter IV. --- RESULTS FROM DATA ANALYSES --- p.16 / Chapter 4.1 --- Performance trend of 85 loss companies --- p.16 / Chapter 4.1.1 --- Analysis on size of loss --- p.17 / Chapter 4.1.2 --- Analyses on Return on Equity & Operating Profit Margin --- p.18 / Chapter 4.1.3 --- Analysis by Net Asset Value --- p.19 / Chapter 4.2 --- Analyses on Fundamental Features --- p.21 / Chapter 4.2.1 --- Loss companies by Industry --- p.21 / Chapter 4.2.2 --- Loss companies by Listing year --- p.22 / Chapter 4.3 --- Analyses on Operational Management --- p.23 / Chapter 4.3.1 --- Turnover trend over 3 years --- p.23 / Chapter 4.3.2 --- Turnover by Major Activities --- p.24 / Chapter 4.3.3 --- Turnover by Geographical Market Segment --- p.24 / Chapter 4.3.4 --- Analysis on Working Capital Management --- p.25 / Chapter 4.4 --- Analyses on Treasury Management --- p.26 / Chapter 4.4.1 --- Analysis on Capital Structure --- p.26 / Chapter 4.4.2 --- Analyses on Debt Portfolio Management - By Maturity --- p.27 / Chapter 4.4.3 --- Analyses on Debt Portfolio Management 一 Source of Finance --- p.28 / Chapter 4.4.4 --- Analysis on Debt Portfolio Management - Debt by Security --- p.29 / Chapter 4.4.5 --- Analysis on Cash Flow Management --- p.30 / Chapter V. --- CASE STUDIES --- p.31 / Chapter 5.1 --- Wo Kee Hong (Holdings) Ltd --- p.31 / Chapter 5.2 --- Swank International Manufacturing Ltd --- p.35 / Chapter 5.3 --- Kosonic International Holdings Ltd --- p.39 / Chapter 5.4 --- Emperor China (Concept) Ltd --- p.43 / Chapter 5.5 --- Asia Commercial Holdings Ltd --- p.44 / Chapter 5.6 --- Yaohan Hong Kong Corporation Ltd --- p.48 / Chapter VI. --- SUMMARY OF FINDINGS --- p.52 / Chapter 6.1 --- Summary of findings from Data Analyses --- p.52 / Chapter 6.1.1 --- Fundamental Features --- p.54 / Chapter 6.1.2 --- Operational Performance --- p.55 / Chapter 6.1.3 --- Working Capital Management --- p.56 / Chapter 6.1.4 --- Treasury Management --- p.57 / Chapter 6.2 --- Summary of findings from Case Studies --- p.61 / Chapter VII. --- COMMENTS AND RECOMMENDATIONS --- p.64 / Chapter 7.1 --- Recent developments-Major threats faced by HK listed companies --- p.65 / Chapter 7.2 --- Recommendations --- p.69 / Chapter VIII. --- CONCLUSION --- p.73 / BIBLIOGRAPHY --- p.74 / APPENDICES