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bankruptcy procedures in Russia. It concludes that raiding in Russia has a predatory character not because raiders prey on the …
Persistent link: https://www.econbiz.de/10010602527
bankruptcy protection in the United States during the period 1900-1937 when bankruptcy procedures were guided by the Federal … Bankruptcy Act of 1898 (the Law was revised in 1938). This paper revisits the Graue study in the context of the current recession … Bankruptcy Abuse Protection and Consumer Protection Act of 2005 (BAPCPA) and follow its evolution to the present time. Our …
Persistent link: https://www.econbiz.de/10010602557
This paper analyzes the reorganization procedure introduced into the Chinese bankruptcy system in 2007. It shows that … managers devote more effort during the reorganization than before the bankruptcy when the emergence value of the bankrupt firm … is substantial. In addition, in the pre-bankruptcy period, managers were shown to input less effort under the new law …
Persistent link: https://www.econbiz.de/10010661026
bankruptcy filers. In particular, our data allow us to distinguish between Chapter 7 and Chapter 13 bankruptcy filings, to … after bankruptcy filing, most filers have much reduced access to credit in terms of credit limits, and the impact seems to …). Our results, in contrast to prior studies, thus suggest that the current bankruptcy system does not appear to provide much …
Persistent link: https://www.econbiz.de/10010661487
This part will be dedicated to the use of bankruptcy models in the evaluation of agricultural companies. Bankruptcy … the problems associated with the use of bankruptcy models developed abroad. These models, resulting from different … this part were used 6 bankruptcy models for the analysis of agricultural companies (Z’’-Score, Z-Score, ZETA , IN99, IN01 …
Persistent link: https://www.econbiz.de/10010665483
This paper studies loan activity in a context where banks must follow Basel Accord-type rules and acquire financing from households. Loan activity typically decreases when entrepreneurs’ investment returns decline, and we study which type of policy could revigorate an economy in a trough. We...
Persistent link: https://www.econbiz.de/10010614524
insolvency situations in order to take corrective actions that would prevent financial difficulties and subsequent demise of the … future solvency. Given this predictive approach to business failure, studies that have attempted to analyze the bankruptcy … this research is to progress in this area, highlighting social impact analysis of bankruptcy about an automotive sector …
Persistent link: https://www.econbiz.de/10010615118
, numerical simulations illustrate that bankruptcy on the part of the borrowers arises sooner as they track the economy faster. …
Persistent link: https://www.econbiz.de/10010616671
This study explores ways USA, China, UK, Germany, France and Spain have employed different but focused bankruptcy and … insolvency approaches to deal with their economic problems. The purpose of this paper, therefore, is to study how these three … different countries have come up with ways to help their economies through differentiated bankruptcy management unique to their …
Persistent link: https://www.econbiz.de/10010628414
In early 2005 a new bankruptcy law was approved by the Brazilian Congress, taking effect a few months later. The new … legislation improved creditor protection and the bankruptcy system's efficiency. This paper tries to shed some light on the … empirical consequences of a bankruptcy reform on a poorly developed credit market. Using data from Argentine, Brazilian, Chilean …
Persistent link: https://www.econbiz.de/10010631439