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This paper explores insolvency and debt recovery procedures, and political, legal, and institutional factors influencing financial decisions of corporations and banks during pre-crisis years in six Asian economies. It also examines whether these factors may have contributed to the depth and...
Persistent link: https://www.econbiz.de/10014400638
threatened by bankruptcy. These firms respond by eliminating investment and selling their capital goods-at a discount-to try to …
Persistent link: https://www.econbiz.de/10014400639
This book analyzes and compares the laws of selected industrial countries that are representative of the different approaches to the treatment of banks in distress. It addresses only those banking and economic policy issues that are required for a proper understanding of the banking law or the...
Persistent link: https://www.econbiz.de/10014400800
further steps are needed to speed up bankruptcy procedures and reduce credit enforcement costs. Latvia’s experience with …
Persistent link: https://www.econbiz.de/10014401054