Evolution of bankruptcy institution: from insolvency of state-owned enterprises towards electronic SRO trading facilities

Alexander Radygin, Elena Apevalova and Natalia Polezhaeva
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Elena Apevalova: RANEPA
Natalia Polezhaeva: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: Bankruptcy legislation in the post-Soviet Russia was for the first time introduced in 1992 by the Executive Order of the President “On Measures for the Support and Rehabilitation of Insolvent State-Owned Enterprises (Bankrupt Debtors) and the Application of Special Proceedings to Them” No. 623 of June 14, 1992, which stipulated grounds for liquidation of enterprises, special liquidation proceedings such as reorganization, rehabilitation, direct administration of the enterprise, independent management, auctions for sale of enterprise, and other provisions concerning bankruptcy.

Keywords: Russian economy; bankruptcy; public enterprises (search for similar items in EconPapers)
JEL-codes: G33 G38 P2 P31 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2016, Revised 2016
New Economics Papers: this item is included in nep-cfn, nep-cis, nep-cse and nep-tra
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Published in RUSSIAN ECONOMY IN 2015 TRENDS AND OUTLOOKS (ISSUE 37)

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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2016-246.pdf Revised version, 2016 (application/pdf)

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