Corporate Bankruptcies in Czech Republic, Slovakia, Croatia and Serbia

Karel Janda and Anna Rakicova

MPRA Paper from University Library of Munich, Germany

Abstract: The corporate bankruptcies legal frameworks and their economic implications are compared for two pairs of post-communist countries (Czech Republic and Slovakia and Croatia and Serbia) originating from common federative republics. Their process of gradual divergence from the common legal and economic framework is shown. All four countries are identified as creditor friendly (Czech Republic, Croatia, Serbia) or neutral countries (Slovakia). The possibilities of further development of bankruptcy proceeding in these countries are outlined.

Keywords: Czech Republic; Slovakia; Croatia; Serbia; Bankruptcy; Insolvency (search for similar items in EconPapers)
JEL-codes: G33 K22 P37 (search for similar items in EconPapers)
Date: 2014-03-04
New Economics Papers: this item is included in nep-law and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:54109

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