Tags → bankruptcy

Two (Further) Possible Explanations of the Secured Debt Puzzle:

May 15, 2007 09:51

The article offers one possible explanation of why secured debt (and its priority in bankruptcy) is efficient and one possible explanation supporting the contrary claim - that priority of secured debt is inefficient.

Monetary and Credit Policy No comments yet

Tags: debt, bankruptcy,

Bankruptcy Procedures with Ex Post Moral Hazard

May 15, 2007 09:51

This paper analyzes an adverse selection model in a credit market with the possibility of renegotiation.

Monetary and Credit Policy No comments yet

Tags: bankruptcy, credit, market

What Drives the Optimal Bankruptcy Law Design

May 15, 2007 09:51

This paper sets a stage for the debate about the optimal bankruptcy law design in the Czech Republic.

Sustainability No comments yet

Tags: bankruptcy, law, czech

Bankruptcy in Russia: External Management Performance

May 15, 2007 09:53

The paper examines the performance of the external management procedure on the data set from the arbitration court of the Udmurt Republic and the unique data set of politically connected firms that went bankrupt 1995–2004 in Russia.

Sustainability No comments yet

Tags: bankruptcy, firm, Russia

Tajikistan’s Only Airline Faces Bankruptcy

May 15, 2007 09:54

Current article is about the largest state-owned air company in Tajikistan, which is on the verge of bankruptcy due to economic pressure and competition created by foreign companies.

Economic Growth No comments yet

Tags: Tajikistan, bankruptcy, airline,

Privatization policy in Serbia in 2003

March 3, 2008 13:48

Two years after the privatization law has come into force and the process was launched, privatization in Serbia has yet to yield anticipated results. Private property is still not prevalent..

Privatization Issues No comments yet

Tags: Bankruptcy, Growth, Privatization, Serbia, Montenegro