The willingness of banks and investors to support new businesses depends a great deal on the rules that govern failing businesses. Effective insolvency regimes save struggling firms when possible, or reallocate assets of failing firms more productively. These procedures, focused on the end of the business life cycle, have a profound impact on the beginning. Banks and investors are more willing to lend when they know they can recover at least some...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2014/07/01
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Краткие сведения
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90759
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1
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1
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2014/09/18
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Disclosed
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Debt resolution and business exit : insolvency reform for credit, entrepreneurship, and growth
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recovery rate