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Bankruptcy Around the World: Explanations of its Relative Use

The recent literature on law and finance has drawn attention to the importance of creditor rights in influencing the development of financial systems and in affecting firm corporate governance and financing patterns. Recent financial crises have al...

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Bibliographic Details
Main Authors: Claessens, Stijn, Klapper, Leora F.
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
ACCOUNTING
ASIAN DEVELOPMENT BANK
ASSETS
BANK LOANS
BANKRUPTCY
BANKRUPTCY CODE
BANKRUPTCY COURTS
BANKRUPTCY LAW
BANKRUPTCY LAWS
BANKRUPTCY PROCEDURES
BANKRUPTCY PROCEEDINGS
BORROWING
CAPITAL MARKETS
CIVIL LAW
COMMON LAW
CORPORATE FINANCE
CORRUPTION
COUNTRY COMPARISONS
CREDITOR
CREDITORS
DEBT RESTRUCTURING
DEBTOR
DEBTORS
DEFAULTS
DISTRIBUTION OF WEALTH
DIVIDEND PAYOUT
DOMESTIC DEBT
ECONOMIC DEVELOPMENT
ECONOMIC RESEARCH
EMPLOYMENT
ENTREPRENEURSHIP
EQUALITY
EQUITY INVESTMENT
EQUITY MARKETS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL STRUCTURE
FINANCIAL SYSTEMS
FIXED COSTS
GDP
GDP PER CAPITA
GOING CONCERN VALUE
GROWTH RATE
INCENTIVE EFFECTS
INHERITANCE
INSOLVENCY
INTEREST RATES
LAW CODES
LEGAL FRAMEWORK
LEGAL RIGHTS
LEGAL SYSTEMS
LEGALITY
LIQUIDATION
MACROECONOMIC CONDITIONS
MACROECONOMIC PERFORMANCE
MACROECONOMIC SHOCKS
POLITICAL ECONOMY
PROBABILITY OF DEFAULT
PROFITABILITY
QUALITY OF LAWS
REAL GDP
REAL INTEREST RATE
REORGANIZATION
REPUDIATION
RESOURCE ALLOCATION
RULE OF LAW
SYSTEMIC BANKING CRISES
TIME SERIES
TRANSACTION COSTS
TRANSITION ECONOMIES
VALUATION
WORKING CAPITAL BANKRUPTCY
CREDITWORTHINESS
FINANCIAL ANALYSIS
CORPORATE GOVERNANCE
JUDICIAL SYSTEMS
FINANCIAL DEVELOPMENT
MARKET ECONOMY
BANKING SYSTEMS
Online Access:http://documents.worldbank.org/curated/en/2002/07/1963446/bankruptcy-around-world-explanations-relative-use
http://hdl.handle.net/10986/14259

Internet

http://documents.worldbank.org/curated/en/2002/07/1963446/bankruptcy-around-world-explanations-relative-use
http://hdl.handle.net/10986/14259

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