This dissertation is the final product of my PhD studies at the Department of Finance at
Copenhagen Business School. The thesis consists of three chapters, which study how the …

This study examines the introduction of bankruptcy quarantines that disqualifies managers
engaging in negligent business practices for up to 3 years. Using administrative register …

I study whether wealth protection in personal bankruptcy provides a second chance to failed
entrepreneurs. I exploit windfall wealth from inheritances to proxy for exogenous variation in …