Results 81 to 90 of about 515 (203)

Principle for Effective Insolvence

open access: yesBulletin of the Transilvania University of Braşov: Series VII: Social Sciences, Law
Insolvency proceedings are complex because they combine 3 components: economic, judicial and social. Consequently, the conduct of these proceedings requires the participation of implementing authorities with a view to achieving the aim laid down by the ...
Anca Roxana Bularca
doaj   +1 more source

The Adaptive Objectives of State‐Owned Enterprises amid Economic and Political Shifts: Evidence from Brazilian Firms, 1973–1993

open access: yesJournal of Management Studies, EarlyView.
Abstract We theorize how state ownership reweights organizational objectives when political and market conditions shift. Using a mixed‐method, history‐to‐theory design, we examine 160 state‐owned and 132 private Brazilian firms from 1973 to 1993. We argue that two mechanisms – appointment politicization and constituency‐protection salience – alter ...
Paul Ferreira   +2 more
wiley   +1 more source

WORKING AND LEGAL POSITION OF THE EMPLOYEES OF THE INSOLVENT DEBTOR AND CLAIMS OF THE EMPLOYEES IN THE CASE OF INSLOLVENCY PROCEEDINGDS OF THE EMPLOYER, LEGAL REGULATIONS AND REALITY

open access: yesPravo, 2012
In Serbia, the Insolvency Law has been applied since 24th January 2010 (The Public Herald of Republic of Serbia no. 104/09). There have been great expectations of the Insolvency Law since the day it was issued.
Vesna Bilbija
doaj  

Unravelling the Insolvency Exception

open access: yesEuropean Insolvency and Restructuring Journal
In European private international law, a distinction between insolvency-related and non-insolvency-related proceedings is drawn. However, the case law of the Court of Justice of the European Union on the delimitation between these regimes has been widely
Pim van Achthoven
doaj   +1 more source

Prolegomenon of the Croatian insolvency law from Croatia's accession to the European Union [PDF]

open access: yesZbornik Radova Pravnog Fakulteta u Nišu, 2019
The normative framework of Croatian insolvency legislation is solid in terms of legal systematics, legal techniques, and normative consistency. To that effect, a significant contribution may be accredited to Croatian courts which have rigorously examined
Bodul Dejan   +2 more
doaj  

Selection in car insurance when claims are heterogeneous

open access: yesJournal of Risk and Insurance, EarlyView.
Abstract Econometric studies of insurance markets have analyzed the Positive Correlation Property to test for the presence of asymmetric information. Car‐insurance studies frequently compare policies purchasing Mandatory Third‐Party Liability alone with policies that purchase additional coverage and use the presence of a liability claim as a measure of
Edmund Cannon   +2 more
wiley   +1 more source

Contingent capital: A tale of two valuations

open access: yesJournal of Risk and Insurance, EarlyView.
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai   +3 more
wiley   +1 more source

THE RESPONSIBILITY OF PERSONS CAUSING DEBTOR’S INSOLVENCY IN THE BILL ON PRE-INSOLVENCY AND INSOLVENCY PROCEEDINGS

open access: yesAgora International Journal of Juridical Sciences, 2014
Insolvency is the state of the debtor’s patrimony characterized by insufficientmonetary funds available for the payment of exigible debts. It may be the consequence ofunfavourable economic circumstances, but also the result of managerial deficiencies of evenfraud.If insolvency is caused by the gross incompetence or the fraud of the debtor’s board ...
openaire   +2 more sources

Bonds on the Ballot: What Voters (Don't) Know About Debt Financing and Why It Matters

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract American subnational governments commonly require voters to approve bond proposals, reflecting historical concerns about legislative shortsightedness. Yet voters need an understanding of how bond financing works to make choices consistent with preferences. Existing literature makes it unclear whether voters have such knowledge.
Shanna Pearson‐Merkowitz   +3 more
wiley   +1 more source

The efficiency of bankruptcy proceedings and the severity of insolvency regulations in view of the implementation of the New Opportunity Policy

open access: yesInternational Journal of Management and Economics
The article investigates the relationship between the efficiency of insolvency proceedings, as measured by their duration, and measures the severity of bankruptcy law toward debtors in 27 countries, of which 23 are EU.
Banasik Przemysław   +4 more
doaj   +1 more source

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