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’s liabilities due to the liquidation of available assets, at present, in Europe, legislation is no longer limited to measures to …
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In the economic context of competitive market of today and from the perspective of European integration, even big companies can get in trouble. Because their executives or managers are not able to deal with difficult issues by taking effective and timely measures, companies may not keep the...
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approximately 11,000 West German firms from all major sectors of the German economy. We distinguish between voluntary liquidation … without losses to creditors, and bankruptcy as forced liquidation. We demonstrate that firms under limited liability are … of insolvencies is a non-monotonic function of firm size while the likelihood of voluntary liquidation decreases …
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This paper examines the determinants of the rate of forced insolvency in New Zealand. The study incorporates two key features. First, we use regional as well as national data to explain insolvencies. The data cover six regions which have had a variety of economic experiences over the sample...
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This paper examines the determinants of the rate of forced insolvency in New Zealand. The study incorporates two key features. First, we use regional as well as national data to explain insolvencies. The data cover six regions which have had a variety of economic experiences over the sample...
Persistent link: https://www.econbiz.de/10005413357