Showing 1 - 10 of 22
This paper measures the extent to which destination resort casinos export bankruptcy back to visitors' home states … local bankruptcy. Using various survey data, we calculate the number of visits from each state to casino resort destinations …-of-state casino resorts have higher bankruptcy filings. This effect is dominant in the south, suggesting that casinos located in …
Persistent link: https://www.econbiz.de/10005352817
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 …
Persistent link: https://www.econbiz.de/10009353530
This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms....
Persistent link: https://www.econbiz.de/10009278271
Bankruptcy is an interesting object of research, being habitually perceived as a shocking and scandalous event … in general) extensively compares its characteristics with the existing members. Since Croatian bankruptcy law is for the … especially interesting for Croatian bankruptcy researchers. Even though being a part of the EU, the United Kingdom’s Anglo …
Persistent link: https://www.econbiz.de/10005789381
contract driven bankruptcy system to the court driven system, and their implications for failed VC funded firms. This paper … put into the bankruptcy system for liquidation/ reorganization because the realized value from the small firms often do … not cover the cost of the bankruptcy process. Consequently, it is difficult to ascertain the impact of corporate …
Persistent link: https://www.econbiz.de/10008562618
influence on firms' bankruptcy decisions through the channel of covenants in debt contracts. …
Persistent link: https://www.econbiz.de/10008565429
entrepreneurship. Specifically, we investigate whether marginal income tax rates and bankruptcy exemptions influence rates of …-shaped relationship between bankruptcy exemptions and entrepreneurship. …
Persistent link: https://www.econbiz.de/10005707771
The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time and space, creating an opportunity to test a recurring theory in regulatory economics: that price regulated firms have higher levels of financial leverage. Using an...
Persistent link: https://www.econbiz.de/10005837467
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. …
Persistent link: https://www.econbiz.de/10005837519
This paper estimates the dynamics of the personal-bankruptcy rate over the business cycle by exploiting large cross …-state variation in recessions and bankruptcies. We find that bankruptcy rates are significantly higher than normal during a recession … and rise as a recession persists. After a recession ends, there is a hangover whereby bankruptcy rates begin to fall but …
Persistent link: https://www.econbiz.de/10008489207