: entrepreneurial self-selection via voluntary liquidation and external selection based on insolvency regulation. Distinguishing between … and West Germany, I find distinct education and size effects and a higher share of bankruptcy-related liquidations in East …

, regarding the problems of bankruptcy and anti-crisis management. The results show that the use of the system of complex …

In the past ten years all transition economies have adopted modern bankruptcy legislation as part of their institution …

acuerdos preconcursales para grandes empresas ; Traditionally, bankruptcy procedures in Spain have been lengthy and costly … processes that have nearly always (95%) resulted in the liquidation of the insolvent firm. These dysfunctions became apparent … with the large increase in bankruptcy filings during the crisis that started in 2008 and the ensuing congestion of the …

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

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 …

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 …

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 …