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unification of financial authorities, and the independence of the central bank. The results show that efficiency decreases as the … investigates whether and how bank profit efficiency is influenced by the central bank’s involvement in financial supervision, the … with greater unification of supervisory authorities are less profit efficient. Finally, central bank independence has a …
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We extend Bergstrom and Cornes (1983) to show that for strong independence of efficient allocations from distribution …
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. Creditor strategy in individual insolvency. Managerial Finance, 28(6), is available at: www.emeraldinsight.com/0307-4358.htm. …Under UK Insolvency law creditors face a strategic choice when dealing with someinsolvent individual debtors. Since … probity of the insolvency profession. Consistent use of successful strategiescould both increase the acceptance and incidence …
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During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this study is to assess the effectiveness of retrenchment strategies in the context of bankruptcy, as the most severe form of crisis. We conducted a longitudinal analysis of a sample of...
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