This paper introduces a large-scale administrative panel data set on corporate bankruptcy in Germany that allows for an … to bankruptcy risk but confirm negative size dependence for mature plants, only. Our results corroborate hypotheses … stressing increasing capabilities and positional advantage, both predicting negative age dependence with respect to bankruptcy …

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a „pre-bankruptcy settlement“ (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …