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The Failure of Government-led Program of Corporate Reorganization in Romania

Djankov, Simeon; Ilayperuma, Kosali - 1997

We provide the first comprehensive cost-benefit analysis of government-led reorganization programs for financially distressed firms in transition economies. The study is based on empirical evidence on the programs in Albania, Arinenia, Bulgaria, FYR Macedonia, Romania, Kazakhstan, Kyrgyz...

Persistent link: https://www.econbiz.de/10009477528

Debt enforcement around the world

Djankov, Simeon; Hart, Oliver D.; McLiesh, Caralee; … - 2006 - Rev.

Persistent link: https://www.econbiz.de/10003407300

Resolution of financial distress : an international perspective on the design of bankruptcy laws

Mody, Ashoka (contributor); Djankov, Simeon (contributor); … - 2001

Persistent link: https://www.econbiz.de/10010524172

Resolution of Corporate Distress : Evidence from East Asia's Financial Crisis

Klapper, Leora - 1999

insurance against the likelihood of bankruptcy during bad times, possibly at the expense of minority shareholders. Bankruptcy is … to force a firm to file for bankruptcy. The widespread financial crisis in East Asia caused large economic shocks, which … the use of bankruptcy processes in a number of economies. Claessens, Djankov, and Klapper study the use of bankruptcy in …

Persistent link: https://www.econbiz.de/10010524704