Showing 1 - 10 of 82
circumstances, especially for firms with fewer positive NPV projects and higher liquidation values. When renegotiation is costless …
Persistent link: https://www.econbiz.de/10009441096
This paper focuses on market discipline as a necessary condition to preserve the signaling content of balance sheet indicators and market prices as macroprudential tools. It argues that market discipline enhances the information content of market prices by reflecting the expected private cost of...
Persistent link: https://www.econbiz.de/10012529572
acuerdos preconcursales para grandes empresas ; Traditionally, bankruptcy procedures in Spain have been lengthy and costly … processes that have nearly always (95%) resulted in the liquidation of the insolvent firm. These dysfunctions became apparent … achieving a successful reorganisation, hence avoiding the firm’s liquidation. Our findings show that two of the four reforms …
Persistent link: https://www.econbiz.de/10012530510
moral hazard and decreases with the effi ciency of fi rm liquidation following bankruptcy. …
Persistent link: https://www.econbiz.de/10012533086
Struggling retail chains often try to recover profitability by closing some of their stores. The challenge in this strategy lies in determining how many stores to close, as store exit has implications for both the customers and the supply chain. After a store closes, its customers are lost...
Persistent link: https://www.econbiz.de/10009484505
El presente documento estudia el acceso al crédito y la propensión a salir del mercado de las empresas sin deuda bancaria (la principal fuente de financiación de las empresas españolas no cotizadas) en torno a la crisis del COVID-19. La metodología implementada permite distinguir entre...
Persistent link: https://www.econbiz.de/10014573647
States was the world's third largest PV market in terms of annual capacity additions in 2008, behind Spain and Germany; 335 …
Persistent link: https://www.econbiz.de/10009436480
level of requirement of each measure.The model is tested with two different AES in Spain implying a low and a high farm …
Persistent link: https://www.econbiz.de/10009443247
investigate the non-linear adjustments of prices along the lamb sector in Spain. The methodology used is based on the multivariate …
Persistent link: https://www.econbiz.de/10009443831
plausible Doha outcome, we examine the long run costs for the European Union, in particular focusing on Spain. Moreover, we … Spain, the impacts of proposed Amber box reductions on fishing subsidies and the relatively smaller GDP contribution result …
Persistent link: https://www.econbiz.de/10009444095