over-allocated. Demand for water exceeds the available supply. Essentially, the water economy is bankrupt. Bankruptcy … of the paper is that the connection between the bankruptcy literature, which has recently also realized the importance of …

regulators. Prior research suggests that firms increase their financial leverage, and thus their probability of bankruptcy and … expected bankruptcy costs, in order to mitigate the severity of binding price ceilings. Although financial leverage can be … insurers as well as the probability of bankruptcy, the non-selection probability. …

during the period 1977-87. Descriptive statistics from the data are used to characterize the0501n features of the bankruptcy … process in Canada. Firms in bankruptcy or in reorganization are typically small firms; the former being significantly smaller … than the latter. The data shows that firms in bankruptcy are in significantly worse financial condition than firms in …

The0501n objective of the new Bankruptcy Act (Bill C-22) is to promote the use of financial reorganization in order to …, that there are several reasons to believe that encouraging firms that would otherwise have opted for bankruptcy to …

discussion of the solutions to financial distress with a particular emphazis on the use of the bankruptcy law. We discuss the … functionning of the Canadian bankruptcy law, the problems arising from the use of legal frameworks such as those prevailing in …

This paper aims to identify the financial ratios that are most significant in bankruptcy prediction for the non … examined for a five-year period prior bankruptcy. The discriminant analysis produced a parsimonious model of three variables …

bankruptcy proceeding in these countries are outlined. …