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Globalization has precipitated movement of output and employment between regions. We examine factors related to corporate financial distress across three continents. Using a multidimensional definition of financial distress we test three hypotheses to explain financial distress using historical...
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The purpose of this book is to provide a coherent overview of the insolvency systems found around the world. Its … legislators have made. In the process, they will emphasize the close interrelationship among various elements of an insolvency … particular rules, such as the method of initiation of an insolvency case or the balance struck in setting the boundaries of an …
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Globalization has precipitated movement of output and employment between regions. How similar are companies in different regions following this dramatic shift in economic activity? Corporate comparisons to test global convergence could be made along numerous dimensions. We look at firms along...
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