This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit regimes are studied from the perspective of bank creditors...

В статье рассмотрено важное значение теоретических положений научного обоснования санации предприятия. Автором сформирована система санационных мероприятий...

Es ist allgemein anerkannt, dass die Institutionen der Hochschulbildung einen bemerkenswerten – hauptsächlich makroökonomischen- Einfluss auf die Entwicklung üben, vor allem innerhalb der engeren Grenzen, in denen sie tätig sind. Aber im Fall der griechischen Hochschulen, erscheint diffus...

Banks cannot be made fail-safe. But they can be made safe to fail, so that the failure of a bank need not disrupt the economy at large nor pose cost to the taxpayer. In other words, banks can be made resolvable, and “too big to fail” can come to an end. To do so, the authorities, banks and...

The outcome of a bankruptcy procedure – ‘liquidation’ or ‘reorganization’ – has many legal, economic and social consequences for stakeholders of financial distressed companies. The objective of this paper is to show whether financial information integrity is a determinant for a...