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~institution:"International Monetary Fund (IMF)"
~institution:"National Bureau of Economic Research"
~person:"Giroud, Xavier"
~subject:"Theorie"
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Bankruptcy and a fresh start
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Bankruptcy
Spillovers
Bernstein, Shai
-
2017
How do different
bankruptcy
approaches affect the local economy? Using U.S. Census microdata at the establishment level … random assignment of
bankruptcy
judges as a source of exogenous variation in the probability of liquidation. We find that …
Persistent link: https://www.econbiz.de/10012455519
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2
Does Corporate Governance Matter in Competitive Industries?
Giroud, Xavier
-
2009
By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a...
Persistent link: https://www.econbiz.de/10012463770
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