There is already some degree of policy convergence between countries in the area of competition policy and corporate … bankruptcy policy, practive is more varied and there is less consensus ion what needs to be done. The next three setions provide …

In this article we provide a rationale for bankruptcy law that is based on the conflicts among creditors that occur … when a debtor's iabilities exceed its assets. In the absence of a bankruptcy law, the private debt-collection remedies that …

We conjecture that angel investment in entrepreneurial firms depends on two types of bankruptcy laws around the world …. Corporate bankruptcy laws impact investor terms and incentives to finance risky entrepreneurs, particularly given reforms that … brought about a time-efficient, simplified, and clear process in recent years in some countries. Personal bankruptcy laws …