The Economics of Bankruptcy and the Transition to a Market Economy

This paper looks at simple decision rules in bankruptcy procedures. It describes special issues of enterprise liquidation and reorganization during economic transformation. The reforms of the financial system and other important factors in economic transformation influence the impact of bankruptcy regulation in a way distorting it towards liquidation.

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Year of publication:	1993-12
Authors:	Abel, István ; Gatsios, Konstantine
Institutions:	C.E.P.R. Discussion Papers
Subject:	Bankruptcy \| Economic Transformation \| Hungary \| Liquidation \| Reorganization

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 878
Classification:	G33 - Bankruptcy; Liquidation ; P51 - Comparative Analysis of Economic Systems
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005791908