insolvency resolutions have changed substantially under FDICIA. The average interval between bank examinations has dropped for … insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives, our data show that a markedly …

of government in the insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives … transitions and the character of insolvency resolutions have changed substantially under FDICIA. The average interval between bank …

also highlighted the importance of insolvency systems to resolve corporate sector financial distress. The literature and … the effects of specific design features of insolvency regimes in relation to the quality of the countries' overall … system. These findings suggest that there are important incentive effects of insolvency systems encouraging less risky …