Findings from Literature Review with Focus on the Law Influence on Bankruptcy Initiation

Poznatky ze studia literatury zabývající se vlivem právní úpravy na zahájení insolvenčního řízení

Tatiana Škerlíková

Český finanční a účetní časopis, 2012, vol. 2012, issue 4, 120-131

Abstract: This paper gives an overview of current economic models and research dealing with insolvency law. The first part categorizes papers and research which is discussed further. In the next section one mathematical model is included. Third section consists of empirical research. Other two parts in third section describe empirical research about ex-ante and ex-post results under different jurisdictions Last section of the third part describes current research on question when exactly companies should go default. In summary, the paper provides an overview of current papers dealing with the default triggers and behaviours of participants and their preferences determining default proceedings under different jurisdictions.

Keywords: Default; Timing; Default triggers; Legal indexes; Debtor friendly; Creditor friendly; Úpadek; Načasování; Spouštěče úpadku; Právní indexy; Upřednostňovaní dlužníky; Upřednostňovaní věřitele (search for similar items in EconPapers)
JEL-codes: G33 (search for similar items in EconPapers)
Date: 2012
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DOI: 10.18267/j.cfuc.11

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