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Probleme des Insolvenzplanverfahrens
Henselmann, Klaus; Gutbier, Manuel - 2010
The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …
Persistent link: https://www.econbiz.de/10010300002
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Reconciling the European registered capital regime with a modern corporate reorganization law: Experience from the Czech insolvency law reform
Richter, Tomáš - 2009
-liquidation insolvency proceedings, usually referred to as reorganization. Using the ECJ case law on the Directive, I conclude that although … capital do not present an insurmountable hurdle to the adoption of rational corporate insolvency law. As a side note, I also …
Persistent link: https://www.econbiz.de/10010322155
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Personal Bankruptcy 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, lenders may charge higher interest rates or...
Persistent link: https://www.econbiz.de/10011601000
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Die Nutzung insolvenzrechtlicher Sanierungswege durch kleine und mittlere Unternehmen: Das Beispiel der Eigenverwaltung
Kranzusch, Peter; Icks, Annette - 2018
Sanierungswege, z. B. das eigenverwaltete Schutzschirmverfahren vor der Insolvenz und die Eigenverwaltung während des …With the introduction of the ESUG law, German insolvency legislation was reformed in 2012. It offers new proceedings … for enterprise re-organisation, both before insolvency and between the application for insolvency and the start of the …
Persistent link: https://www.econbiz.de/10011818046
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Special Purpose Vehicles and Insolvency Reforms in the Philippines
Pasadilla, Gloria O. - 2005
This paper focuses on the legal environment, particularly the insolvency system, that would influence the success of … have to operate under a given insolvency regime after they acquire the bad assets, existing bankruptcy procedures have an …
Persistent link: https://www.econbiz.de/10011429793
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Two New Measures of Bankruptcy Efficiency
Brogi, Ricardo; Santella, Paolo - 2004
This study is aimed at developing new empirical models for evaluating the efficiency of bankruptcy legislations. The paper is divided in three parts. In the first part, we analyze from a conceptual point of view the effects on debtor firms of the lack of creditors' powers in bankruptcy. In the...
Persistent link: https://www.econbiz.de/10011689917
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The economic policies of German 'third wayism' in the light of agenda theory
Heise, Arne - 2004
German Social Democracy is faced with tremendous challenges of societal and economic changes: party dealignment, a bourgeoisifying of society, the rise of media democracy and economic and cultural globalisation. The party's reaction - a third order change in its ideological objectives and a...
Persistent link: https://www.econbiz.de/10010298492
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A Post Keynesian theory of economic policy - filling a void
Heise, Arne - 2008
The traditional theory of economic policy of the Tinbergen-Theil-type has come under severe criticism: in the ontological setting of the New Classical Macroeconomics based on the Rational Expectations Hypothesis (REH), economic policy is ineffective or neutral with respect to real variables. In...
Persistent link: https://www.econbiz.de/10010302516
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Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis
van Praag, Bernard M.S. - 2007
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10010325462
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On the scientific status of economic policy: A tale of alternative paradigms
Fagiolo, Giorgio; Roventini, Andrea - 2008
In the last years, a number of contributions has argued that monetary - and, more generally, economic - policy is finally becoming more of a science. According to these authors, policy rules implemented by central banks are nowadays well supported by a theoretical framework (the New Neoclassical...
Persistent link: https://www.econbiz.de/10010328656