Corporate Bankruptcies in Germany.: Recovery Rates in Insolvency Plans. (Studienreihe der Stiftung Kreditwirtschaft an der Universität Hohenheim, Band 55). This item is unavailable.
Language: English
Published by Duncker & Humblot, 2017
- Softcover
- Used
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Softcover
Condition: Used - As new
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- Title
- Corporate Bankruptcies in Germany.: Recovery Rates in Insolvency Plans. (Studienreihe der Stiftung Kreditwirtschaft an der Universität Hohenheim, Band 55)
- Author
- Flaig, Barbara
- Publisher
- Duncker & Humblot
- Publication year
- 2017
- Condition
- as new
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 3896737341
- ISBN 13
- 9783896737342
German corporate bankruptcies are rarely investigated in economic literature. One main reason is the lack of available data. Furthermore, data quality is quite often poor. Thus, despite the high economic relevance, it is very difficult to explore the division of value in corporate bankruptcies or efficiency effects of insolvency law.
This study provides a deeper insight into the economics of corporate reorganizations. Theoretical models that were mainly developed for the US legislation are discussed against the background of German bankruptcy law. By analyzing a unique data set of formal reorganization procedures in Germany between 1999 and 2012, the study identifies factors that influence the extent of recovery rates.
This study provides a deeper insight into the economics of corporate reorganizations. Theoretical models that were mainly developed for the US legislation are discussed against the background of German bankruptcy law. By analyzing a unique data set of formal reorganization procedures in Germany between 1999 and 2012, the study identifies factors that influence the extent of recovery rates.
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