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Stringent bankruptcy laws are generally understood to increase the costs of failure and thus not conducive for … conditional fixed effects Poisson regressions, support that stringent bankruptcy laws are positively associated with the levels of …
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Taking account of prior entrepreneurial experience, this study explores how the perceived cause of business failure influences an entrepreneur's decision to start another business or to abandon entrepreneurship. Using Qualitative Comparative Analysis, we find that the attributional dimensions of...
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This paper deals with the issues of bankruptcy of financial institutions and individual businesses …
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This paper investigates the effect of the bankruptcy reform act of 2005, formally known as the Bankruptcy Abuse … of firm size, declined after the bankruptcy reform act of 2005, and in this way entrepreneurial activity decreased. On … bankruptcy law. However, the size of the incorporated firm makes a difference with small incorporated firms being different from …
Persistent link: https://www.econbiz.de/10013038733
relations that facilitated such stories of commercial success also ensured that individual bankruptcy would become a prominent … Balleisen explores the economic roots and social meanings of bankruptcy, assessing the impact of widespread insolvency on the … overlooked court records generated by the 1841 Federal Bankruptcy Act, building his arguments on the commercial biographies of …
Persistent link: https://www.econbiz.de/10013042235
technology to deal with private debt distress (bankruptcy technology), and obstacles to entrepreneurship (high costs of doing …
Persistent link: https://www.econbiz.de/10012948517
Business failure is an integral part of the entrepreneurial process and can be a useful empirical proxy for entrepreneurship. The importance of entrepreneurship is widely recognized, but available empirical measures are imperfect. This paper argues that Schumpeter's conception of creative...
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