Saving Viable Businesses : The Effect of Insolvency Reform

The 2008 financial crisis and consequent rise in corporate insolvencies highlight the clear need for efficient bankruptcy systems to liquidate unviable firms and reorganize viable ones and to do so in a way that maximizes the proceeds for creditors...

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Bibliographic Details
Main Author:	Klapper, Leora
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTANCY ACCOUNTS PAYABLE ALTERNATIVE TO LIQUIDATION ASSET SALES BANK LOANS BANKRUPTCY BANKRUPTCY ABUSE BANKRUPTCY CODE BANKRUPTCY COSTS BANKRUPTCY FILINGS BANKRUPTCY INSTITUTE BANKRUPTCY LAW BANKRUPTCY LAW REFORM BANKRUPTCY LAWS BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDINGS BANKRUPTCY RATES BANKRUPTCY REFORM BANKRUPTCY REGIMES BANKRUPTCY SYSTEM BANKRUPTCY SYSTEMS BARRIER BORROWER BORROWER BEHAVIOR BORROWING BUSINESS BANKRUPTCY COLLATERAL COMMERCIAL BANKS CONSUMER PROTECTION CORPORATE BANKRUPTCIES COST OF BANKRUPTCY COST OF DEBT CREDIBILITY CREDIT CARD CREDIT CARD DEBT CREDIT CARDS CREDIT DECISIONS CREDITOR CREDITOR PROTECTION CREDITORS DEBT DEBT RECOVERY DEBT RESTRUCTURING DEBTOR DEBTORS ECONOMICS EFFECT OF INSOLVENCY EFFECTIVE INSOLVENCY ENFORCEMENT MECHANISMS ESTATE FAILURE RATE FAILURE RATES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DISTRESS FORECLOSURE IMPACT OF DEBT INCOME INCOME GROUP INDIVIDUAL BANKRUPTCY INSOLVENCY FRAMEWORKS INSOLVENCY LAWS INSOLVENCY REFORM INSOLVENCY REFORMS INSOLVENCY REGIMES INSOLVENT INSOLVENT FIRMS INSURANCE INTEREST EXPENSE INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT CLIMATE JUDICIAL ENFORCEMENT LEGAL FRAMEWORK LEGAL REFORM LENDERS LEVEL OF CREDIT LIMITED LIABILITY LIQUIDATION LIQUIDATION REORGANIZATION LIQUIDATIONS LOAN LOAN PORTFOLIOS LOAN REPAYMENT LONG-TERM DEBT MINIMUM CAPITAL REQUIREMENTS MORTGAGE NONPERFORMING LOANS PERSONAL BANKRUPTCY PERSONAL BANKRUPTCY LAWS PERSONAL LIABILITY POLITICAL ECONOMY PRIVATE SECTOR DEVELOPMENT PUBLIC POLICY QUALITY OF BANKS REORGANIZATION REORGANIZATION PLANS REORGANIZATION PROCESS REORGANIZATIONS REPAYMENT REPAYMENT RATES REPAYMENTS SAVINGS SUPPLY OF CREDIT VIABLE BUSINESSES WORLD DEVELOPMENT INDICATORS
Online Access:	http://documents.worldbank.org/curated/en/2011/09/16198955/saving-viable-businesses-effect-insolvency-reform http://hdl.handle.net/10986/11056

Internet

http://documents.worldbank.org/curated/en/2011/09/16198955/saving-viable-businesses-effect-insolvency-reform
http://hdl.handle.net/10986/11056

Saving Viable Businesses : The Effect of Insolvency Reform

Internet

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