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airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the …We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the …
Persistent link: https://www.econbiz.de/10011715887
, we evaluate the 2013 merger between Amer- ican Airlines and US Airways. Our results highlight that spillovers in entry …We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first … model using data from the domestic US airline market and find significant spillovers in entry. In a counterfactual exercise …
Persistent link: https://www.econbiz.de/10014313556
preparedness of insolvency systems is measured according to a newly designed indicator that includes five dimensions of the … insolvency and restructuring regime (out-of-court restructuring, hybrid restructuring, reorganization, liquidation, and the … those countries need to step up efforts to improve their insolvency systems …
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restructuring models for companies who have business issues. The pre-bankruptcy agreement is available in cases when the debtor is … threatened by insolvency and during this procedure, the business of the company is still managed by the existing management board …. However, it is necessary that the pre-bankruptcy procedure is finished within a short deadline. The bankruptcy procedure is …
Persistent link: https://www.econbiz.de/10012120534
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012600992
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …
Persistent link: https://www.econbiz.de/10012603137