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-liquidation insolvency proceedings, usually referred to as reorganization. Using the ECJ case law on the Directive, I conclude that although … companies with economically sound reorganization law, that appearance is incorrect and the Directive's rules on changes of share …
Persistent link: https://www.econbiz.de/10010322155
The topic of corporate distress and turnaround has been of interest to organizational change theory for many decades. This article considers existing reviews in discussing the current body of turnaround literature across multiple research fields and structures its work along a holistic...
Persistent link: https://www.econbiz.de/10011817079
Two recent papers examine the impact of corporate bankruptcy laws on new business start-ups in 29 countries over 1990 … bankruptcy laws over the years studied. It is statistically inappropriate and inaccurate to treat bankruptcy laws as time … invariant, as in Peng et al. (2010) and Lee et al. (2010), particularly in view of the dramatic changes in bankruptcy laws over …
Persistent link: https://www.econbiz.de/10010343137
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Octopus fishery. Among the causes of the coordination imperfection is anti-commons, which refer to shared knowledge and … variation elasticity values indicate that the Octopus market is imperfect which confirms the prevalence of anti-commons effects …
Persistent link: https://www.econbiz.de/10013542665
The paper discusses some major lessons to be learnt from the application of bankruptcy law in a post …-communist environment. Its focus is on East Central Europe because elsewhere bankruptcy law is of rather limited practical relevance. The … incentives and the selection of trustees turn out to be key issues if the loss of value typically occuring during bankruptcy …
Persistent link: https://www.econbiz.de/10010305681
the companies have in their confrontation with the current challenges, the reorganization of the company being regarded as … the process of reorganization and of the importance of the intangible asset, providing a personal perspective. Conclusions … – The process of reorganization is no longer an option, but an essential condition for avoiding the disappearance of the …
Persistent link: https://www.econbiz.de/10012016921
of a reorganization in a leading food production company, this paper contributes to existing research on organizational …
Persistent link: https://www.econbiz.de/10012217706
The main purpose of this article is to study the role of house banks in out-of-court reorganization. Banks are … assessment of reorganization projects due to the danger of zombie lending. The four most important prerequisites for completing … an out-of-court reorganization were a new loan, an open and proactive communication policy on the part of the distressed …
Persistent link: https://www.econbiz.de/10013366715