entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for … be quicker to enter and exit than not-for-profits in response to changing market conditions. We test this hypothesis … using data for all U.S. hospitals from 1984 through 2000. Examining annual and regional entry and exit rates, for …

entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for … be quicker to enter and exit than not-for-profits in response to changing market conditions. We test this hypothesis … using data for all U.S. hospitals from 1984 through 2000. Examining annual and regional entry and exit rates, for …

This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit … probability of exit, and reduced the market share of surviving firms. We also find that small firms had a particularly high level … of dynamism over the sample period. Small firms were more likely to enter and exit, and marginally more likely to gain …

This study estimates the determinants of the exit behavior in a concentrating industry that encounters industrial … exit behaviors. This study uses U.S. swine industry data to explore the factors that affect small producers' quitting …: exit rates, we can evaluate how exogenous shocks, macroeconomic conditions, technological improvement and scale of …

circumstances, especially for firms with fewer positive NPV projects and higher liquidation values. When renegotiation is costless …

processes that have nearly always (95%) resulted in the liquidation of the insolvent firm. These dysfunctions became apparent … achieving a successful reorganisation, hence avoiding the firm’s liquidation. Our findings show that two of the four reforms … insolvency administrators and by fostering out-of-court workouts for large corporations …

moral hazard and decreases with the effi ciency of fi rm liquidation following bankruptcy. …

, a company has a short 'breathing space' during which it can develop a strategy to address its insolvency. The strategic … has deteriorated significantly, the VA process will merely delay an inevitable liquidation. Therefore, a timely decision …

identifying suitable (successful) reorganisation candidates from a pool of distressed companies. Additionally, insolvency experts …’ decisions regarding companies’ prospects in reorganisation are examined. The decision accuracy of insolvency experts was found … be a useful aid to insolvency experts. …