Purpose – The purpose of this paper is to study the effect of changes in creditors' priority defined by the bankruptcy … law on firms' capital structure. Design/methodology/approach – Taking advantage of the Brazilian bankruptcy law reform as …

Purpose – The purpose of this paper is to analyze the consequences of the “safe harbor” provisions of the US Bankruptcy … Code that were enacted from 1984 through 2005 and that protect certain financial contracts from standard bankruptcy … procedures. Design/methodology/approach – Qualitative methods are used to evaluate whether these provisions of the Bankruptcy …

borrower's bankruptcy filing because a portion of the cost will be borne by other lenders. Creditors who bear a smaller portion … of the total cost of a personal bankruptcy would be expected to take less care to avoid triggering one. Design …/methodology/approach – This paper presents a theoretical model of a creditor's decision of how aggressively to pursue collection. The model shows …

An appropriate use of neural computing techniques is to apply them to corporate bankruptcy prediction, where …) for predicting corporate bankruptcy would remain a daunting prospect. The context of the problem is that there are no … neural networks for the prediction of corporate bankruptcy by applying inter‐connected neural networks. The proposed approach …

clients due to auditor switching or client bankruptcy after issuing first-time going concern modified opinions. Design … going concern modified opinions. Findings – The results indicate that both auditor switching and client bankruptcy are … bankruptcy than do auditors not issuing such opinions to financially stressed clients. Finally, the authors found that the going …

model. Originality/value – This paper is the first to compare bankruptcy models for auto suppliers between China and the USA.  …

following post‐bankruptcy reorganization plans approved by the Thai Central Bankruptcy Court. Design/methodology/approach – The … study uses a sample of 101 companies whose reorganization plans have been confirmed by the Thai Central Bankruptcy Court in …

the bankruptcy. Findings – The findings indicate that Swedish auditors seldom issue GCWs. Moreover, there is a positive … Swedish setting is a context in which most companies are small, creditor interest in accounting and auditing is strong and …

Purpose – The purpose of this paper is to formulate both withdrawal risk and bankruptcy risk to mitigate the risks and … banks is studied. Withdrawal risk might happen because of the displaced commercial risk and bankruptcy occurs when the banks … and bankruptcy risk are created with some underlying scenarios. Finally, mathematical formula and three dimensions area of …

classification, tangible assets and bankruptcy with the capital structure. Originality/value – This paper viewed the tax benefits and …