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Englische Insolvenzverfahren : administrative receivership und administration order vor dem Hintergrund der deutschen Insolvenzordnung

Starnecker, Hermann - 1995

Persistent link: https://www.econbiz.de/10000911456

Carrots and sticks as incentive mechanisms for the optimal initiation of insolvency proceedings

Cepec, Jaka; Kovač, Mitja - In: Danube : law and economics review 7 (2016) 2, pp. 79-103

identify insolvency-specific optimal incentive mechanisms, while using the general theory on carrots and sticks in legal …

Persistent link: https://www.econbiz.de/10011549582

Relative performance of liability rules : experimental evidence

Angelova, Vera; Attanasi, Giuseppe; Hiriart, Yolande - 2016

the firm's behavior. An experiment tests the theoretical predictions. In line with theory, Strict Liability and Negligence … firm to compensate potential victims. In contrast with theory, prevention rates absent liability are much higher and …

Persistent link: https://www.econbiz.de/10011530056

Insolvency administrator's incentives and the tradeoff between creditor satisfaction and efficiency in bankruptcy procedures

Frieden, Matthias; Wielenberg, Stefan - In: Business research 10 (2017) 2, pp. 159-187

An insolvency administrator replaces the manager of an insolvent firm to devise and organize a liquidation or reorganization plan in the creditors’ interest. In the course of the process, the insolvency administrator presents the most favourable option from his perspective, and the creditors...

Persistent link: https://www.econbiz.de/10011814660