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Consistent with the theme of this conference the paper stretches the boundary of what might be considered free and frank evaluative comment. By its nature is born out of a political agenda, yet the political opportunities and political risk is not traditionally considered evaluation. In the...
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We examine the question of whether the rate of business insolvencies in New Zealand is related to overall macroeconomic conditions. In particular, our interest is in whether the rate of business insolvencies changed in the wake of the Global Financial Crisis (GFC). We find that there was a large...
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This paper examines the determinants of the rate of forced insolvency in New Zealand. The study incorporates two key … variety of economic experiences over the sample period (1988-2003). Second, we explain the total rate of forced insolvency in …
Persistent link: https://www.econbiz.de/10014072290
This research centers on the financial survival experience of participants in a New Zealand court-administered debt repayment plan. Using Kaplan-Meyer estimators of survival and hazard functions, we summarize and plot survival data. Group experience is compared by means of log-rank tests. The...
Persistent link: https://www.econbiz.de/10014064916
Cross-border insolvency has been an intractable and growing problem given increasing trade globalisation. When … more receptive than others to recognition of foreign creditors and insolvency representatives. Most, at the very least …
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