Results 291 to 300 of about 136,144 (301)

Public Employee Pensions and Municipal Insolvency

Social Science Research Network, 2023
This paper studies how municipal governments jointly manage spending, credit market borrowing, and a public employee pension system. I model governments as levered investors who must meet non-defaultable pension obligations and may value government ...
S. Myers
semanticscholar   +1 more source

Overview of Insolvency and Debt Restructuring Reforms in Response to the COVID-19 Pandemic and Past Financial Crises

, 2021
This note is part of the series of COVID-19 Notes developed by the World Bank Group’s Equitable Growth, Finance and Institutions (EFI) team. 2 By highlighting concrete examples of insolvency and debt restructuring reforms undertaken in response to the ...
Antonia Menezes, Akvile Gropper
semanticscholar   +1 more source

Rethinking insolvency law amid the COVID-19 pandemic

, 2021
Purpose: Amid the COVID-19 pandemic, it is important to consider the effectiveness of insolvency law given the increase in companies facing financial distress Current insolvency law was not designed in the context of the unprecedented challenges of the ...
J. Routledge
semanticscholar   +1 more source

ESG controversies and insolvency risk: evidence from the insurance industry

Management Decision
PurposeThis study investigates the relationships between environmental, social, and governance (ESG) controversies and insolvency risk in the insurance sector.
Pilar Giráldez-Puig, Ignacio Moreno, Leticia Pérez‐Calero, Jaime Guerrero Villegas   +3 more
semanticscholar   +1 more source

Beyond Common Equity: The Influence of Secondary Capital on Bank Insolvency Risk

Journal of Financial Stability, 2020
Banks must adhere to strict rules regarding the quantity of regulatory capital held but have some flexibility as to its composition. In this paper, we examine if bank insolvency (distance to default) is sensitive to capital other than common equity for a
T. Conlon, J. Cotter, P. Molyneux
semanticscholar   +1 more source

Do leverage decisions mediate the relationship between board structure and insolvency risk? A comparative mediating role of capital structure and debt maturity

, 2020
PurposeCorporate boards monitor managerial decisions as concluded by the monitoring hypothesis. In this scenario, the present study stresses that leverage decisions can be used as a tool to control insolvency risk.Design/methodology/approachThis study ...
R. Y. Hussain, Xuezhou Wen, H. Hussain, Muhammad Saad, Zuhaib Zafar   +4 more
semanticscholar   +1 more source

Association between density of gaming venues in a geographical area and prevalence of insolvency: Longitudinal evidence from Australia.

Addiction, 2020
BACKGROUND AND AIMS Problem gambling can lead to a myriad of harmful consequences, including unmanageable amounts of debt and serious financial problems. The aim of this study was to examine whether changes in the number of electronic gaming machine (EGM)
Samia Badji, N. Black, D. Johnston
semanticscholar   +1 more source

The Failed Hopes of Disintermediation: Crypto-Custodian Insolvency, Legal Risks and How to Avoid Them

, 2020
This paper explores the legal risks involved in depositing cryptocurrency with crypto-custodians such as crypto-exchanges. These risks materialize most acutely in case these crypto-custodians fall insolvent, which has happened over the last decade in ...
M. Haentjens, T. de Graaf, I. Kokorin
semanticscholar   +1 more source

Post-Crisis Regulatory Reform in Banking: Address Insolvency Risk, Not Illiquidity!

Journal of Financial Stability, 2018
An extensive review of the evidence related to the 2007–09 crisis reveals that it was an insolvency risk crisis, not a liquidity crisis. The appropriate post-crisis regulatory reform should therefore focus on increasing capital requirements.
A. Thakor
semanticscholar   +1 more source

Insolvency and Bankruptcy Code 2016: revisiting with market reality

, 2020
Purpose This paper aims to revisit the Indian experience on corporate bankruptcy law to answer “why Indian corporate insolvency law structured differently from a manager-driven (pre-Insolvency Code) to manager-displacing model (post-Insolvency Code)?”
Shakti Deb, I. Dube
semanticscholar   +1 more source