AJAYI, Richard A.; ENACHE, Luminita; MEHDIAN, Seyed - In: Review of Economic and Business Studies (2012) 10, pp. 147-163
This paper presents a comprehensive analysis of reorganization provisions available to financially distressed firms in three major economies – the U.S. the U.K., and Japan. The paper addresses a central question of the relative effectiveness of the various bankruptcy laws in resolving...