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. …

one judges the frequency of bankruptcy in different countries, the main issue is to decide which frequency of bankruptcy … makes it possible to compare frequency of bankruptcies between countries. We compare frequency of bankruptcy between …, repairs, Hotels and restaurants are the industries in every country that either has the highest frequency of bankruptcy or …

important role in restructuring. Insolvency leads to formal bankruptcy when legal procedures are employed to liquidate the ….Thereafter we turn in Section 6 to the empirical evidence on bankruptcy and restructuring in a number of countries with … substantial differences in legal approaches to insolvency. We ask in Section 7 what explains the relatively high bankruptcy …

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. …

This paper is a critical review of the variable selection methods used to build empirical bankruptcy prediction models … thus the accuracy of the predictions. We first analyze those variables that are considered the best bankruptcy predictors …