Results 271 to 280 of about 50,665 (347)

Creditor Rights, Collateral Reuse, and Credit Supply

Social Science Research Network, 2021
Utilizing a change to bankruptcy treatment of repo collateral, I provide causal evidence that strengthened creditor rights increase credit supply and financial instability by increasing the reuse of collateral. I use the 2000’s housing boom and bust as a
B. Lewis
semanticscholar   +1 more source

Creditor Control of Corporate Acquisitions

The Review of financial studies, 2021
We examine the impact of creditor control rights on corporate acquisitions. Nearly 75% of loan agreements include restrictions that limit borrower acquisition decisions throughout the life of the contract.
David A. Becher, Thomas P. Griffin, Greg Nini   +2 more
semanticscholar   +1 more source

Creditor protection laws, debt financing, and corporate investment over the business cycle

Journal of International Business Studies, 2016
John Wald, Yaxuan Qi, Lukas Roth
exaly   +2 more sources

Does Greater Creditor Protection Affect Firm Borrowings? Evidence from IBC

, 2020
The Insolvency and Bankruptcy Code (IBC) in India ushered in a new era of creditor-in-control regime with an in-built mechanism for time-bound resolution. This article examines the impact of the Code on firm borrowings and cost of funds. Using firm-level
Jibin Jose, Snehal S. Herwadkar, Prabal Bilantu, S. Razak   +3 more
semanticscholar   +1 more source

A Europe of creditor and debtor states: explaining the north/south divide in the Eurozone

West European Politics, 2019
The divide in the Eurozone between a small set of core economies with strong international financial positions (North) and a set of debtor states that show periodic vulnerability in international financial markets (South) remains a core feature of the ...
Sofía A. Pérez
semanticscholar   +1 more source

Interpretation of Financial Creditor and Operational Creditor

SSRN Electronic Journal, 2020
The Insolvency Resolution of India has gone through a structural change due to the economic impact when The Insolvency and Bankruptcy Code 2016 was enacted. The Code provides a procedure for the insolvency resolution within a stipulated time frame. It made it possible for the creditors and debtors to claim the debt and the concerned Authority would ...
openaire   +1 more source

Creditor-on-Creditor Violence

SSRN Electronic Journal
Distressed firms often raise liquidity by stripping collateral from syndicated-loan creditors and pledging it to new lenders---an emerging practice known as “creditor-on-creditor violence.” We model this phenomenon. An insolvent firm needs liquidity to avoid bankruptcy but cannot observe potential investors' required returns. This information asymmetry
Samuel Antill, Neng Wang, Zhaoli Jiang
openaire   +1 more source

Creditors

2020
Because of limited liability, creditor protection has always been a feature of company law. Large creditors can contract ex ante for customised protection and the law facilitates this in various ways, notably by the creation of the floating charge. Non-adjusting creditors require the protection of mandatory rules, at least in some situations.
openaire   +1 more source

The Influence of Large Creditors on Creditor Coordination [PDF]

Economics Bulletin, 2003
This paper examines the influence of large creditors in determining the likelihood of debt defaults due to creditor coordination failure. We develop a model in which a large creditor and a group of small creditors independently decide, based on private signals of fundamentals, whether to foreclose on a loan.
openaire  

Creditor Reporting System (CRS)

Encyclopedia of the UN Sustainable Development Goals, 2021

semanticscholar   +1 more source