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This paper looks at a sample of small and medium entities in Spain and analyzesthe effect of the vulnerability of … sectors to insolvency on their survival and the probability that they will go bankrupt. We collected data from solvent and … insolvent firms in Spain over the period 2012-2016, and grouped them according to the percentage of insolvencies by sector …
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. This is why business bankruptcy rates in Spain are among the lowest in the world, even during the current economic crisis …. To explain this fact we present the following hypothesis. Filing for bankruptcy in Spain is very costly for both small …
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This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for Spain in … the areas of insolvency and creditor rights. The regime for creditor and debtor rights largely conforms to international …, reliable, and cost-effective. Owing to nonperforming loans, real estate foreclosure has been extensively used in Spain. Real …
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The determinants of corporate failure in Italian, Spanish and French small and medium-sized enterprises are investigated in order to find out whether the predictors of financial distress in the countries are the same or not. In order to compare the determinants of financial distress,...
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