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2020
Abstract This edited volume is based on the European Law Institute’s (ELI) project ‘Rescue of Business in Insolvency Law’. The project ran from 2013 to 2017 under the auspices of the ELI and was conducted by Bob Wessels and Stephan Madaus, who were assisted by Gert-Jan Boon. The study sought to design (elements of) a legal framework that
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Abstract This edited volume is based on the European Law Institute’s (ELI) project ‘Rescue of Business in Insolvency Law’. The project ran from 2013 to 2017 under the auspices of the ELI and was conducted by Bob Wessels and Stephan Madaus, who were assisted by Gert-Jan Boon. The study sought to design (elements of) a legal framework that
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Entrepreneurship Theory and Practice, 2009
This teaching case describes an ethical dilemma for a small business owner operating in the challenging business environment of Belarus, 2003. Each of his four options is a viable consideration depending on the perspective through which it is considered: his role as an individual, his role within his social network, and his role as a business executive.
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This teaching case describes an ethical dilemma for a small business owner operating in the challenging business environment of Belarus, 2003. Each of his four options is a viable consideration depending on the perspective through which it is considered: his role as an individual, his role within his social network, and his role as a business executive.
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Are You in the Rescuing Business?
2014Do you get a kick out of helping other people? Or do you seem to attract people in desperate need of rescuing? As some of us may have learned from hard experience, letting our own psychological and emotional hang-ups creep into our professional interactionscan spell disaster. Take for example, the following business scenario.
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Business Rescue Recommendations
2020Abstract These recommendations are the result of a comparative and normative research, recorded in an Instrument, which has been developed under the auspices of the European Law Institute’s ‘Rescue of Business in Insolvency Law’ project (2014–2107), co-funded by the European Union, and drafted by Professor Dr em Bob Wessels, University ...
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Professions in the Institutionalization of Business Rescue
1998Abstract Rescuing business was the central motif that ran through corporate bankrupty reforms in the United States and Britain. This much the two countries had in common. Their underlying accounts of business failure differed, as the British characteristically blamed the managers and the Americans blamed the economy.
Bruce G Carruthers, Terence C Halliday
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Toward a European Business Rescue Culture
2017Since 2011, the European legislator has taken a new course of action on business failure and insolvency. For a long time, substantive harmonisation was considered unfeasible in the area of insolvency law, however, the developments over the past years have shown that the EU is committed to develop a shared European approach to facilitate the rescue of ...
Gert-Jan Boon, Stephan Madaus
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Exploring the indirect costs of a firm in business rescue
South African Journal of Accounting Research, 2019It may be argued that the indirect costs of financial distress are substantially higher than the direct costs.
Wesley Rosslyn-Smith +2 more
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Financial Distress, Insolvency and Business Rescue
2018This chapter introduces the concepts of financial distress and insolvency and sets out alternative approaches to the resolution of the problem. Discussion begins with an examination of legal and business perspectives. The chapter then identifies the potential external and internal causes of financial distress and the informal rescue processes that ...
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Japan in an institutional quagmire: international business to the rescue?
Journal of International Management, 2003Abstract In the early postwar period, Japan crafted its own set of institutions to catch-up in industrialization under the favorable external conditions of Cold War geopolitics (the then-prevailing set of outer institutions and circumstances). The United States largely tolerated Japan's dirigiste economic policy and protectionism.
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