Results 171 to 180 of about 129,857 (339)

Directors\u27 Duties in Failing Firms [PDF]

open access: yes, 2007
Despite many cases with seemingly contrary dicta, corporate directors of failing firms do not have special duties to creditors. This follows from the nature of fiduciary duties and the business judgment rule.
Alces, Kelli A., Ribstein, Larry E.
core   +2 more sources

Endogeneity Corrections in Binary Outcome Models With Nonlinear Transformations: Identification and Inference

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT For binary outcome models, an endogeneity correction based on nonlinear rank‐based transformations is proposed. Identification without external instruments is achieved under one of two assumptions: Either the endogenous regressor is a nonlinear function of one component of the error term, conditional on the exogenous regressors, or the ...
Alexander Mayer, Dominik Wied
wiley   +1 more source

Transfer of Undertakings, Insolvency Proceedings in the United Kingdom and Italy, and the European Court of Justice Case Law [PDF]

open access: yes
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  

Governance and Renegotiation in Public‐Private Partnerships During Crises: An Examination of the Resulting Tensions in a Private Partner Consortium

open access: yesPublic Administration, EarlyView.
ABSTRACT Public‐private partnerships (PPPs) have long contract terms, requiring strong governance arrangements. When uncertainty arises, renegotiation is a commonly‐used contractual governance mechanism for ensuring fairness and dispute resolution. Notably, 100% of Portuguese road projects have been renegotiated.
Marta Almeida   +2 more
wiley   +1 more source

Is Financial Leanness Punished by Bond Credit Rating Agencies? The Nonprofit Dilemma of Balancing Trustworthiness and Creditworthiness

open access: yesPublic Budgeting &Finance, EarlyView.
ABSTRACT The number of nonprofits utilizing bond markets to fund capital projects has increased in recent years. This study explores how nonprofit financial conditions impact bond credit ratings, using a novel dataset linking ratings to IRS Form 990 Schedule K data.
Qingqing Sun
wiley   +1 more source

Infrastructure Requirements in the Area of Bankruptcy Law [PDF]

open access: yes
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  

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