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The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …
Persistent link: https://www.econbiz.de/10008479035
"Für Aufsehen haben Meldungen gesorgt, denen zufolge in den vergangenen beiden Jahren in der Bundesrepublik Deutschland jeweils mehr als 300 000 Arbeitnehmer aufgrund von Unternehmensinsolvenzen entlassen wurden und die etwa 20% der gegenwärtigen Arbeitslosigkeit auf diese insolvenzbedingten...
Persistent link: https://www.econbiz.de/10010732880
"Für Aufsehen haben Meldungen gesorgt, denen zufolge in den vergangenen beiden Jahren in der Bundesrepublik Deutschland jeweils mehr als 300 000 Arbeitnehmer aufgrund von Unternehmensinsolvenzen entlassen wurden und die etwa 20% der gegenwärtigen Arbeitslosigkeit auf diese insolvenzbedingten...
Persistent link: https://www.econbiz.de/10005533537
, which is the increase in the number of insolvency proceedings. The evaluation concerns the nation-wide development of …
Persistent link: https://www.econbiz.de/10011194572
Persistent link: https://www.econbiz.de/10005056437
Persistent link: https://www.econbiz.de/10010878340
"The transformation process in the new Federal states is often subdivided into a 'transformation from above' (the splitting up of the old enterprises) and a 'transformation from below' (establishment of new enterprises). In this article these two partial processes are considered both with regard...
Persistent link: https://www.econbiz.de/10005342736
"The transformation process in the new Federal states is often subdivided into a 'transformation from above' (the splitting up of the old enterprises) and a 'transformation from below' (establishment of new enterprises). In this article these two partial processes are considered both with regard...
Persistent link: https://www.econbiz.de/10010732938
on the structure of the legal framework. In this paper we analyze the influence of German insolvency law and tax regime … German insolvency plan procedure. We compare these results with those of options models proposed e.g. by Bebchuk or Aghion …/Hart/Moore. Finally, we introduce a 3-period example and show how insolvency procedure influences going concern value and the division of …
Persistent link: https://www.econbiz.de/10005100223
"This paper introduces a large-scale administrative panel data set on corporate bankruptcy in Germany that allows for an econometric analysis of involuntary exits where previous studies mixed voluntary and involuntary exits. Approximately 83 percent of all bankruptcies occur in plants with no...
Persistent link: https://www.econbiz.de/10010765068