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hypothesis that efficiency in settling mortgage foreclosure and bankruptcy cases can affect the creditors' decision making on … judiciary in the dynamics of firms. Indeed, if the time needed to settle bankruptcy cases decreases by 25%, we can expect the … policy implications of these results are rather compelling. Policy makers could reform foreclosure and bankruptcy procedures …
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Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less...
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