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Published in 2018 at "European Journal of Law and Economics"
DOI: 10.1007/s10657-018-9599-2
Abstract: Our paper investigates a comprehensive sample of 574 English corporate insolvency cases, including direct liquidation cases. In contrast to other insolvency procedures, liquidations perform poorly on average and fail to produce satisfactory repayments to creditors.…
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Keywords:
insolvency procedures;
corporate insolvency;
direct liquidation;
insolvency ... See more keywords