Results 111 to 120 of about 112,696 (308)
Transfer of Undertakings, Insolvency Proceedings in the United Kingdom and Italy, and the European Court of Justice Case Law [PDF]
The current paper explores the application and revision process of the Ac-quired Rights Directive in the context of insolvency proceedings, focusing on the role of community and national (British and Italian) case law.
Giuseppe Sigillò Massara
core
Back From the Brink: State‐Guaranteed Loans and Financial Recovery
European Financial Management, EarlyView.ABSTRACT This paper studies the financial trajectories of large firms that accessed a €200 billion state‐backed loan programme in Italy, part of broader interventions to contain corporate distress during the COVID‐19 crisis. Using firm‐level data from 2016 to 2023, we find that supported firms were initially more leveraged, less profitable and less ...
Emanuele Bajo +2 more
wiley +1 more source
Infrastructure Requirements in the Area of Bankruptcy Law [PDF]
Infrastructure requirements have long played an important role in the development debate. Until recently these requirements referred to the need for improvements in roads, railways, electricity supply, telecommunications and the like.
Clas Wihlborg, Shubhashis Gangopadhyay
core
State‐Dependent Relationship Between Cryptocurrency Returns and Credit Spreads
European Financial Management, EarlyView.ABSTRACT This study investigates how overconfident cryptocurrency traders influence the connection between returns and risk premia, proxied by option‐adjusted credit spreads. Using daily data from January 2021 to February 2025, we uncover asymmetry and state dependence: returns decline when spreads widen, particularly during crashes, yet they do not ...
Geul Lee, Doojin Ryu
wiley +1 more source
Torun Business Review, 2010 The account of the insolvency cost is a modern tool for management accounting, enabling to satisfy the creditors of the insolvent company to the largest extent, by minimizing and controlling the costs incurred by an entity.
Andrzej Tokarski
doaj
THE ROLE OF THE ROMANIAN NATIONAL BANK IN APPLYING THE BANKRUPTCY PROCEDURE OF THE BANKING CREDIT INSTITUTIONS [PDF]
Challenges of the Knowledge Society, 2013 The article examines the role of the National Bank of Romania in the insolvency procedure of the banking institutions. The most important regulations regarding this issue consist in the Government’s Order 10/2004 regarding the bankruptcy of credit ...
RARES-SEBASTIAN PUIU-NAN
doaj
CAUSES OF BANKRUPTCY IN EUROPE AND CROATIA [PDF]
Bankruptcy is an interesting object of research, being habitually perceived as a shocking and scandalous event, tarnishing management reputation, stigmatizing its owners, and regularly leading to a dishonourable death of the company, leaving outstanding ...
Novak, Branko, Sajter, Domagoj
core +1 more source
A Theory of the Boundaries of Banks With Implications for Financial Integration and Regulation
Financial Management, EarlyView.ABSTRACT We offer a theory of the “boundary of the firm” that is tailored to banks, recognizing the relevance of deposit financing and interbank lending as a substitute for integration. It is based on a single inefficiency that has been at the core of banking theory: risk‐shifting incentives in the interest of bank shareholders.
Falko Fecht +2 more
wiley +1 more source
Social Security: What Would Happen If the Trust Funds Ran Out? [PDF]
, 2014 [Excerpt] Each year when the Social Security trustees release their annual report, attention is focused on the projection of the year that the Social Security trust funds will become insolvent.
Meyerson, Noah P
core +2 more sources
Does Resolution Time Really Matter? Evidence From Chapter 11 Firms
Financial Review, EarlyView.ABSTRACT This paper investigates how resolution time affects firms under Chapter 11 protection. We find a robust negative association between a firm's resolution time and its probability of emergence, using several controls for endogeneity. The probability of emergence reduces by 0.4% for each month (or 4.8% per year) spent in bankruptcy.
Ying Kai Yap +2 more
wiley +1 more source