This paper examines firm-level determinants of mature firm exits after economic distress.
Using nested logit models and a sample of 6,118 distress-related exits in Belgium, we …

We test in a European context the impact of countries' lending infrastructure on SMEs (small
and medium sized enterprises) capital structure. Devised from Berger and Udell (2006), this …

The negative impact of insolvency, especially in small and medium enterprises, informs the
objective of this paper: to study the characteristics of bankrupt firms to achieve a preventive …

In the absence of well-developed financial markets, bankruptcy procedures provide useful
mechanisms to ease and organize the capital transfers of distressed businesses. From an …

Parties to repos, and to swaps and other derivatives are accorded privileged treatment
under the bankruptcy laws of several dozen countries. Several key international" best …

Theories on electoral accountability argue that politicians have strong incentives to avoid
punishment from voters for poor administrative abilities. As their chances of reelection can …

Firms may use layoffs as an ex ante mechanism to avoid filing for bankruptcy. However, the
national labor law may impose some restrictions that delay or hamper the firing decision of …

Los contenidos de la Directiva (UE) 2019/1023 de 20 de junio de 2019 sobre marcos de
reestructuración preventiva, han puesto de relieve la necesidad de evaluar, con suficientes …

This paper examines the relationship between the insolvency systems and the investment
share of GDP across countries. The objective is to find out the relationship between …

Na razvoj motivacije za uĉenje je moguće i potrebno uticati, a najznaĉajnija uloga u tome
pripada školi, odnosno nastavnicima u procesu nastave. Postoji odreĊen broj autora koji …