کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5085731 | 1478075 | 2011 | 16 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Employment preservation vs. creditors' repayment under bankruptcy law: The French dilemma?
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
⺠In France, when firms enter bankruptcy, the courts arbitrate between employment preservation (through continuation) and creditors' repayment. ⺠Courts actively work to facilitate continuation. ⺠Recovery rates mainly depend on the firm's characteristics while the way the procedure is managed has little impact. ⺠Continuation does not generate lower recoveries than other outcomes. ⺠The courts' choice between rival buyout offers confirms that social considerations prevail.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Law and Economics - Volume 31, Issue 2, June 2011, Pages 126-141
Journal: International Review of Law and Economics - Volume 31, Issue 2, June 2011, Pages 126-141
نویسندگان
Régis Blazy, Bertrand Chopard, Agnès Fimayer, Jean-Daniel Guigou,