Results 1 to 10 of about 50,665 (347)
China Journal of Accounting Research, 2020 Using creditor litigation data from China, we investigate whether creditors can participate in corporate governance when agency conflict between shareholders and creditors is severe.
Yanchao Wang
exaly +4 more sources
Access to internal capital, creditor rights and corporate borrowing: Does group affiliation matter?
Journal of Corporate Finance, 2020 We examine whether the effect of increased creditor rights on corporate borrowing depends on firm's access to internal capital. By exploiting a creditor protection reform in India, empirical outcomes strongly indicate that strengthening of creditor ...
Chandra Thapa +2 more
exaly +2 more sources
The right to offset the claims in accordance with the law on bankruptcy of the Republic of Serbia and in the region [PDF]
Strani pravni život, 2021 This article discusses a concept of legally permitted and limited offsetting in bankruptcy according to the law of the Republic of Serbia, with comparison to earlier regulations where the offsetting occurred by the force of law, as the legal consequence ...
Vrhovšek Vladimir M., Kozar Vladimir V.
doaj +1 more source
The Role of Creditor Protection in Lending and Tax Avoidance
Journal of Financial and Quantitative Analysis, 2022 We examine how creditor rights affect the trade-off between non-debt and debt tax shields. Using four bankruptcy reforms and a panel of private and public firms from Italy, we show that laws empowering creditors reduce tax avoidance and increase debt ...
Antonio De Vito, M. Jacob
semanticscholar +1 more source
Creditor control rights and resource allocation within firms
Journal of Financial Economics, 2021 We examine the within-firm resource allocation effects of creditor interventions and their relationship to performance gains at firms violating financial covenants. By linking firm-level data to establishment-level data from the U.S.
Nuri Ersahin, Rustom M. Irani, Hanh Le
semanticscholar +1 more source
International Finance, 2005 Creditors are often passive because they are reluctant to show bad debts on their own balance sheets. We propose a simple general equilibrium model to study the externality effect of creditor passivity. The model yields rich insights into the phenomenon of creditor passivity, both in transition and developed market economies.
Koen Schoors, Konstantin Sonin
openaire +5 more sources
A Study of the Nature and Foundations of plurality of Liability in Paying a Debt [PDF]
پژوهشنامه حقوق اسلامی, 2010 In commercial transactions and relations among people, guaranteeing collection of debt is of high significance. Thus in default of such guarantee, people would not undertake transactions.
Seyyed Mostafa Sa'adat Mostafavi +1 more
doaj +1 more source
Measuring the Ex-Ante Incentive Effects of Creditor Control Rights during Bankruptcy Reorganization
Journal of Financial Economics, 2021 A large theoretical literature studies the effects of creditor control during bankruptcy proceedings on firm outcomes. Empirical work in this area mainly examines reforms to creditor control rights during liquidation. In this paper, we use administrative
Ashwini Agrawal +2 more
semanticscholar +1 more source
Delimitarea infracțiunilor legate de insolvabilitate de alte fapte penale/nepenale conexe [PDF]
Revista Institutului Naţional de Justiţie, 2021 Prezentul articol vizează clarificarea aspectelor răspunderii penale pentru infracţiunile legate de insolvabilitate, din punct de vedere al delimitării acestora de alte fapte conexe.
Ursu Vera
doaj +1 more source
Creditor Rights, Technology Adoption, and Productivity: Plant-Level Evidence
The Review of financial studies, 2020 I use U.S. Census microdata to analyze the effect of stronger creditor rights on productivity. Following the adoption of antirecharacterization laws that give lenders greater access to the collateral of firms in financial distress, treated plants ...
Nuri Ersahin
semanticscholar +1 more source