Evaluating the efficiency of a bankruptcy reform

• Tác giả: Inessa Love
• Ngôn ngữ: eng
• Ký hiệu phân loại: 332.75 Insolvency and credit restrictions
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 321601
• Chủ đề: 1. BANK POLICY; 2. BANKRUPTCY; 3. BANKRUPTCY CODES; 4. BANKRUPTCY LAWS; 5. BANKRUPTCY PROCEDURE

Tóm tắt

The current financial crisis has pushed many firms to the brink of bankruptcy. A key policy question is thus whether bankruptcy laws are efficient, in the sense of allowing better firms to reorganize while liquidating unviable firms. The sixth in impact series presents lessons from a reform in Colombia that achieved this objective.