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Loans to non-financial enterprises are the main source of banks' losses. Analyses of banks' losses on corporate loans are therefore important in the assessment of financial stability. This paper presents Norges Bank's framework for estimating losses on corporate loans built up from microdata for...
Persistent link: https://www.econbiz.de/10012661601
Loans to non-financial enterprises are the main source of banks' losses. Analyses of banks' losses on corporate loans are therefore important in the assessment of financial stability. This paper presents Norges Bank's framework for estimating losses on corporate loans built up from microdata for...
Persistent link: https://www.econbiz.de/10012661605
After the outbreak of the COVID-19 crisis, the number of insolvency filings has reached a record low in 2020. However … sector decreased most substantially. In the third quarter of 2020, we observe increasing insolvency numbers throughout all … firms with at most 10 employees until September 2020 while insolvency declarations among micro firms are rising again in the …
Persistent link: https://www.econbiz.de/10014286945
Immer wieder geraten Gesellschaften in eine wirtschaftliche Krise. In diesem Fall ist nicht nur die Geschäftsleitung, sondern auch der Aufsichtsrat als beratendes und mitentscheidendes Organ des Unternehmens in der Verantwortung. In der Krise muss der Aufsichtsrat nicht nur seine Instrumente...
Persistent link: https://www.econbiz.de/10014330629
"Für Aufsehen haben Meldungen gesorgt, denen zufolge in den vergangenen beiden Jahren in der Bundesrepublik Deutschland jeweils mehr als 300 000 Arbeitnehmer aufgrund von Unternehmensinsolvenzen entlassen wurden und die etwa 20% der gegenwärtigen Arbeitslosigkeit auf diese insolvenzbedingten...
Persistent link: https://www.econbiz.de/10005533537
In India, the term ‘sick units’ refers to economically unviable firms which are kept alive ‘in the public interest’ by means of subsidies of various kinds. Since this practice is common, and large parts of the industrial sector are affected, this phenomenon is referred to as industrial...
Persistent link: https://www.econbiz.de/10009468688
Apart from an extensive survey of the literature on the economics of corporate bankruptcy law, this thesis contains three own contributions: First, a model is presented where a firm's manager acquires some private information about whether a firm should be liquidated or stay in business....
Persistent link: https://www.econbiz.de/10009476240
In Australia, financial hardship caused by over-indebtedness is no longer only experienced by the most vulnerable social group but is now prevalent among the general population. This scoping paper analyses the money advice and debt management system in Australia with emphasis on their...
Persistent link: https://www.econbiz.de/10014374443
This scoping paper outlines credit counselling and debt management structures in the United States and their effectiveness in improving consumers' financial management status. First, various public and private credit counselling systems are explained with a focus on each institution's roles and...
Persistent link: https://www.econbiz.de/10014374444
Over-indebtedness, defined as the inability for a household to meet both essential living expenses and debt repayments, continues to be a significant phenomenon throughout Europe. The problem plays out differently in various countries depending on the relevant credit market, culture around...
Persistent link: https://www.econbiz.de/10014374445