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Unternehmenskrisen und -insolvenzen sind permanente Erscheinungen des Wirtschaftslebens. Die Insolvenz bedeutet jedoch … nicht zwangsläufig das Ende, sondern es existieren unter bestimmten Voraussetzungen "Wege aus der Insolvenz". Der … der Autor den Fortführungs- und Sanierungsprozess insolventer kleiner und mittelständischer Unternehmen (KMU). Empirisch …
Persistent link: https://www.econbiz.de/10011929462
This paper explores how different reasons for business closure impact the probability that financial loss will be suffered by creditors. Using German small business data, the study finds that business closure due to financial problems is strongly correlated with a likelihood of financial loss....
Persistent link: https://www.econbiz.de/10003961536
sectors to insolvency on their survival and the probability that they will go bankrupt. We collected data from solvent and … in all industries, but profitability and turnover are also essential for the group with the highest levels of insolvency … contribution of this paper is the analysis of insolvency in the two dimensions of survival and probability according to the …
Persistent link: https://www.econbiz.de/10012796113
A standard result in contests is that a higher-ability player has a higher probability of winning the prize than a lower-ability player. Put differently, a stronger player has an advantage over a weaker player in a contest. There are very few exceptions to this standard result. I consider a...
Persistent link: https://www.econbiz.de/10012669006
Sanierungswege, z. B. das eigenverwaltete Schutzschirmverfahren vor der Insolvenz und die Eigenverwaltung während des …With the introduction of the ESUG law, German insolvency legislation was reformed in 2012. It offers new proceedings … for enterprise re-organisation, both before insolvency and between the application for insolvency and the start of the …
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