Showing 1 - 10 of 956
Persistent link: https://www.econbiz.de/10009734515
Insolvency systems play a crucial role in protection of creditor rights, yet micro-level empirical evidence on the … functioning of insolvency regimes worldwide is sparse. We investigate whether creditors' recovery of outstanding claims, a measure … of ex-post efficiency of an insolvency regime, depends on the characteristics of the trustee delegated the administration …
Persistent link: https://www.econbiz.de/10011518156
We examine the financial conditions of dealers that participated in two of the Federal Reserve's lender-of-last-resort (LOLR) facilities -- the Term Securities Lending Facility (TSLF) and the Primary Dealer Credit Facility (PDCF) -- that provided liquidity against a range of assets during...
Persistent link: https://www.econbiz.de/10010404154
Persistent link: https://www.econbiz.de/10012224895
This paper investigates how the process of going bankrupt can be recognized much earlier by enterprises than by traditional forecasting models. The presented studies focus on the assessment of credit risk classes and on determination of the differences in risk class migrations between...
Persistent link: https://www.econbiz.de/10012270447
Persistent link: https://www.econbiz.de/10011807811
Persistent link: https://www.econbiz.de/10011926614
Persistent link: https://www.econbiz.de/10012201716
Persistent link: https://www.econbiz.de/10014231836
Persistent link: https://www.econbiz.de/10014289812