Similar Search Results

Bankruptcy and voluntary liquidation : evidence for new firms in East and West Germany after unification

Prantl, Susanne - 2003

Persistent link: https://www.econbiz.de/10013428598

Strategic or status quo-preserving business exit : (how) do CEO turnover and succession matter?

Decker, Carolin; Bresser, Rudi K. F.; Mellewigt, Thomas - 2010

Business exit has implications for a firm's corporate strategy. Two types of exit events are distinguished: those that involve strategic change and those that are status quo-preserving. This study investigates the impact of CEO turnover and succession on strategic versus status quo-preserving...

Persistent link: https://www.econbiz.de/10008665435

Monetary policy, firm exit and productivity

Hartwig, Benny; Lieberknecht, Philipp - 2020

We analyze the influence of monetary policy on firms’ extensive margin and productivity. Our empirical evidence for the U.S. based on a macro-financial SVAR suggests that expansionary monetary policy shocks stimulate corporate profits, reduce firm exit and increase firm entry. In the medium...

Persistent link: https://www.econbiz.de/10012322407

The decision of venture capitalists on timing and extent of IPOs

Tykvová, Tereza - 2003

Persistent link: https://www.econbiz.de/10013428550

Identifying empty creditors with a shock and micro-data

Degryse, Hans; Gündüz, Yalın; O'Flynn, Kuchulain; … - 2021

the bankruptcy code in Germany that effectively removes their potential impact on CDS firms. Using a unique dataset on …

Persistent link: https://www.econbiz.de/10012697959

Dynamic screening with verifiable bankruptcy

Krähmer, Daniel; Strausz, Roland - 2022

bankruptcy as a verifiable event that occurs whenever the agent makes a per period loss. This leads to less stringent truth …

Persistent link: https://www.econbiz.de/10014476119

The optimal mix of business entities : the value of partial limited liability

Kraizberg, Elli - 1989

Persistent link: https://www.econbiz.de/10000769114

US real interest rates and default risk in emerging economies

Foley-Fisher, Nathan; Guimarães, Bernardo - 2009

We empirically analyse the appropriateness of indexing emerging market sovereign debt to US real interest rates. We find that policy-induced exogenous increases in US rates raise default risk in emerging market economies, as hypothesised in the theoretical literature. However, we also find...

Persistent link: https://www.econbiz.de/10003894416

Labour contracts with firms subject to debt default penalties

Farrow, Raymond J. - 1986 - Rev.

Persistent link: https://www.econbiz.de/10003532291

Personal bankcuptcy law, wealth and entrepreneurship : theory and evidence from the introduction of a "fresh start"

Fossen, Frank M. - 2011

A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in … entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy … forgiving personal bankruptcy law are less relevant for wealthy potential entrepreneurs who still risk losing their wealth, but …

Persistent link: https://www.econbiz.de/10009008042