Showing 1 - 10 of 1,253
Prior to being a simple concept, the entrepreneurial failure is a multidimensional phenomenon. To contribute to its … comprehension, this paper proposes to develop a synthetic vision of failure in order to escape a behavioral and partial approach … between the performance (or failure) of companies and some environmental variables. We also introduce a dynamic view of …
Persistent link: https://www.econbiz.de/10011540244
The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …
Persistent link: https://www.econbiz.de/10010300002
and the Dun & Bradstreet exit database for Switzerland (1995-2000). Employing duration analysis, we find considerable …
Persistent link: https://www.econbiz.de/10010315602
particular its Article 25 regulating increases of the share capital of European joint-stock companies, and basic logic of non-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
We utilize micro-level data on corporate liquidation bankruptcies in Slovenia to conduct the first systematic … quantitative investigation of the impact of creditors' committees (CCs) on liquidation bankruptcy outcomes. Slovenian law permits …, but does not mandate, the establishment of a CC in liquidation bankruptcy proceedings, ensuring variation in CC incidence …
Persistent link: https://www.econbiz.de/10015361357
The dramatic drop in prices on the German stock exchange in the period from 2000 to 2003 was one cause for the rising number of delistings in Germany. This development triggered the study on the aptitude of listed companies to remain listed although the authors were well aware that a negative...
Persistent link: https://www.econbiz.de/10010298896
This paper analyses the demand-side prerequisites for the efficient application of the bail-in tool in bank resolution, scrutinises whether the European bank crisis management and deposit insurance (CMDI) framework is apt to establish them, and proposes amendments to remedy identified...
Persistent link: https://www.econbiz.de/10013537579
The U.S. financial markets faced an unprecedented rapid decline and recovery on May 6, 2010, known as the May 6 flash crash. Roughly one trillion $ market value in less than thirty minutes vanished with the biggest one-day point decline in the history of the DJIA at the time. Since the market...
Persistent link: https://www.econbiz.de/10014501766
The lack of a European Deposit Insurance Scheme (EDIS) - often referred to as the "third pillar" of Banking Union - has been criticized since the inception of the EU Banking Union. The Crisis Management and Deposit Insurance (CMDI) framework needs to rely heavily on banks' internal loss...
Persistent link: https://www.econbiz.de/10014528298
The lack of a European Deposit Insurance Scheme (EDIS) - often referred to as the 'third pillar' of Banking Union - has been criticized since the inception of the EU Banking Union. The Crisis Management and Deposit Insurance (CMDI) framework needs to rely heavily on banks' internal loss...
Persistent link: https://www.econbiz.de/10014531822