The COVID-19 pandemic and its associated response have delivered a recessionary shock to the global economy. As with prior downturns, these forces have collided with a leveraged corporate sector and spurred an increase in financial restructuring activity. However, in many respects this...

This paper puts together a set of stylized facts of the corporate sector dynamics of systemic financial crises based on recent crisis episodes with a view to identifying the key issues and their policy implications. The evidence suggests that corporate crisis dynamics arc triggered by a cutoff...

Chapter 1. Editorial Introduction: Crisis in Context -- Chapter 2. US Foreign Direct Investments in the Eurozone: A Distance Analysis in View of Global Crisis. Evidence from the Manufacturing Sector -- Chapter 3. Litigation Risk, Audit Fees and the Financial Crisis Impact: Empirical Evidence...