Tags → bankrupcy


Czech Bankruptcy Procedures: Ex-post Efficiency View
May 15, 2007 09:54

The paper presents facts on the ex-post efficiency of the Czech bankruptcy procedures.

Monetary and Credit Policy No comments yet
Tags: czech, bankrupcy,
Ownership and corporate governance in Russian industry: a survey
May 16, 2007 14:41

This article reviews the results of the privatisation process and concentrates then on the current structure of ownership and control in the Russian industry and on corporate governance mechanisms in the enterprises. It reviews the legal foundations of corporate governance and gives a detailed view of the state and the institutions of law enforcement. Special attention is paid to the connection between corporate governance and restructuring of enterprises and improved performance.

Governance and Social Issues No comments yet
Tags: corporate, property, investment, privatization, bankrupcy, Russia
Optimal design of bank bailouts: the case of transition economies
November 23, 2007 13:03

In most recent banking crises bank regulators have been caught off their guard and have been forced to respond to the crisis in a hurry without the support of an institutional or legal framework designed to deal with bank failures. This is in sharp contrast with the non-financial sector, where a detailed and elaborate bankruptcy law governs the process of liquidation or reorganisation of financially distressed firms. In this paper we address the question of how to design a bankruptcy institution for banks that would serve a similar purpose as existing bankruptcy laws for non-financial firms.

Banking Sector No comments yet
Tags: bankrupcy, firm, transition, enterprise, bank, Poland, Hungary, Slovenia