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state. We also assume that capital accumulation is a decreasing function in employment to consider maturity which defines …
Persistent link: https://www.econbiz.de/10011114362
The corporate bankruptcies legal frameworks and their economic implications are compared for two pairs of post-communist countries (Czech Republic and Slovakia and Croatia and Serbia) originating from common federative republics. Their process of gradual divergence from the common legal and...
Persistent link: https://www.econbiz.de/10011108279
Standard macroeconomic theory did not help foresee the crisis, nor has it helped understand it or craft solutions. This … the key questions about insolvency and illiquidity to be answered. They did not allow such questions to be asked. A new …
Persistent link: https://www.econbiz.de/10011111291
The correlation analysis was conducted on dynamic of GDP and company failure rate for Poland, Europe and USA for the period 2003-2011; it was found a negative correlation. An analysis was undertaken for the relation between the rate of corporate failure in Poland and the rate of change of overall...
Persistent link: https://www.econbiz.de/10011259056
the Indian banks' riskiness and the probability of book-value insolvency under the framework developed by Hannan and … (public & private sector), we determine the riskiness/probability of book value insolvency over the years and also carry out a … of book value insolvency of Indian Banks has reduced over years and the probability of book value insolvency is lower in …
Persistent link: https://www.econbiz.de/10005000009
The aim of this paper is to analyze the impact of the existence of mutual firms on the behavior of an insurance company and more precisely to study in which situations a private insurance firm may emerge in presence of an incumbent mutual firm. Our approach differs from the existing literature...
Persistent link: https://www.econbiz.de/10005668425
patrimonial losses and insolvency. The Study tries to present wich is the current Law, for what truns out to be necesary bear in … reforms. The responsability in the Insolvency Law is an object of tratment differentiated in the last paragraph …
Persistent link: https://www.econbiz.de/10005623550
most part transferred from the corresponding German Insolvenzordnung (Insolvency law), German experiences in this field are …-Saxon legislative theory and practice is relatively different from those of mainland Europe, therefore making it attractive for …) insolvency causes will be studied. Euler Hermes Kreditversicherung and the Center for Insolvency and Reorganization at the …
Persistent link: https://www.econbiz.de/10005789381
The Basel Committee’s recent consultative document on the “Proposal to Ensure the Loss Absorbency of Regulatory Capital at the Point of Non Viability” sets out a proposal aimed at “enhancing the entry criteria of regulatory capital to ensure that all regulatory capital instruments issued...
Persistent link: https://www.econbiz.de/10008534207
probability of insolvency for the insurer(s). …
Persistent link: https://www.econbiz.de/10005260096