Results 71 to 80 of about 208,198 (304)

Challenges of a welfare state in introducing personal bankruptcy - some comparative experiences and potential problems

open access: yesZbornik Radova Pravnog Fakulteta u Splitu, 2012
Over the last two decades we have witnessed the global and increasing phenomenon of overindebtedness of natural persons (patients, consumers) as well as various models of law on personal bankruptcy in Europe and the rest of the world.
Dejan Bodul, Vanja Smokvina
doaj  

Do reorganization costs matter for efficiency ? Evidence from a bankruptcy reform in Colombia [PDF]

open access: yes
The authors study the effect of reorganization costs on the efficiency of bankruptcy laws. They develop a simple model that predicts that in a regime with high costs, the law fails to achieve the efficient outcome of liquidating unviable businesses and ...
Gine, Xavier, Love, Inessa
core  

Agency Costs, Bankruptcy Costs and the Use of Debt in Multinational Restaurant Firms [PDF]

open access: yes, 2007
The purpose of this paper is to understand whether multinational restaurant firms (MNRF’s) have higher agency and expected bankruptcy costs. Given this expectation, this may have an impact on the amount of debt incurred by MNRF’s.
Dalbor, Michael C., Upneja, Arun
core  

Social Efficiency of the Bankruptcy Reform Act of 1978 With Regard to Personal Bankruptcy

open access: yes, 1984
A socially efficient bankruptcy law is one that would have the effect or minimizing the present value of social costs stemming from bankruptcy while permitting debtors to make a fresh start.
Sullivan, A Charlene, Worden, Debra
core   +1 more source

Creditor Rights and Debt Allocation within Multinationals [PDF]

open access: yes, 2009
We analyze the optimal debt structure of multinational corporations choosing between centralized or decentralized borrowing. We identify how this choice is affected by creditor rights and bankruptcy costs, taking into account managerial incentives and ...
Akbel, Basak, Schnitzer, Monika
core   +2 more sources

Populism and policy capacity: Evidence from an opposition municipality in Istanbul

open access: yesPublic Administration and Development, EarlyView.
Abstract Despite achievements in its conceptual rigor, policy capacity still represents a relatively depoliticized concept that fails to sufficiently consider the ways in which politics plays a role in its creation, mobilization, or decay. This article seeks to contribute to this debate by investigating the impact of populism on policy capacity, the ...
Ebru Ertugal, Faik Gür, İnan Sevinç
wiley   +1 more source

Pemilihan Sumber Pendanaan Perusahaan Berdasarkan Hipotesis Pecking Order

open access: yesJurnal Akuntansi, 2011
This Article proposes a rational justification to the Pecking order Hypothesis through relationship with Modigliani Miller Proposition I. The reason to support our justification is 7 (seven) incentives of Pecking order Hypothesis.
Ida .
doaj   +1 more source

DECISION SUPPORT SYSTEM FOR DETERMINING APPROPRIATE FRANCHISE LOCATIONS USING THE PROFILE MATCHING METHOD

open access: yesJurnal Riset Informatika, 2020
Finding the appropriate location is crucial when starting a franchise. The appropriate location will affect the overall business risk and profitability of the franchise. Nevertheless, some franchises have a bankruptcy in running their business.
Tati Mardiana, Yesni Malau
doaj   +1 more source

Intercorporate guarantees, leverage and taxes [PDF]

open access: yes
This paper characterizes optimal intercorporate guarantees, under the classical trade-off between bankruptcy costs and taxation. Conditional guarantees, allowing the guarantor - or Holding company - to maintain limited liability vis-a-vis the beneficiary
Elisa Luciano, Giovanna Nicodano
core  

Do Policy Capacities Matter for Federal Policy Design? Evidence From the Implementation of Three Social Policies in Brazil

open access: yesPublic Administration and Development, EarlyView.
ABSTRACT Bringing together the literature on policy design, policy capacity and policy making in multilevel systems, this paper argues that the effectiveness of policy design in federal countries depends, ceteris paribus, on the adequacy of federal and local policy capacities.
Giliberto Capano   +1 more
wiley   +1 more source

Home - About - Disclaimer - Privacy