Bonin, John P.; Leven, Bozena - William Davidson Institute, University of Michigan - 2000
) in promoting financial and operational restructuring of its clients. We found that BDK continued to provide soft lending … and monitoring their operational restructuring. From our case study of BDK, we conclude that, while banks may play a role … in financial restructuring of their clients, their ability to affect operational restructuring is quite limited. Moreover …