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In this study, we use firm-level data from the 1993 National Survey of Small Business Finances to test the hypothesis that banking consolidation has reduced the availability of credit to small businesses. We find that banks in markets where mergers have occurred are more likely than other banks...
Persistent link: https://www.econbiz.de/10005836119
In this study, we examine unsuccessful takeover attempts for new evidence on whether mergers create or destroy value … literature on signaling by investigating whether a takeover attempt signals investors about the quality of firm management as … partially, but not completely, reversed by termination announcement returns, evidence that the merger proposal itself contains …
Persistent link: https://www.econbiz.de/10005837001
serious doubts about the capacity of that country’s insolvency regime to deliver an outcome viewed as fair and consistent with …
Persistent link: https://www.econbiz.de/10009372574
bankruptcy proceeding in these countries are outlined. …
Persistent link: https://www.econbiz.de/10011108279
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 … most part transferred from the corresponding German Insolvenzordnung (Insolvency law), German experiences in this field are …
Persistent link: https://www.econbiz.de/10005789381
probability of insolvency for the insurer(s). …
Persistent link: https://www.econbiz.de/10005260096
The economic and financial recession started in 2008 brought serious difficulties for every European country, although not to the same extent. The previous situation of countries plays a major role in the course of the crisis and crisis management. The three Baltic countries showed a relatively...
Persistent link: https://www.econbiz.de/10011258522
This paper investigates the role and necessity of system of crisis management of banking activity in present-day conditions. Particular attention is paid to the crisis management that is realized on the level of government and central bank. An overview and comparison of major anti-crisis...
Persistent link: https://www.econbiz.de/10011112075
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
In October 2010, having drawn crucial lessons fom the Financial Crisis which was triggered in 2007, and whose impact was still evident at the time, the Financial Stability Board Recommendations on systemically important financial institutions „called for an assessment, on the basis of the BCBS...
Persistent link: https://www.econbiz.de/10009323446