bankruptcy definition
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Economic and financial determinants of bankrupcy: evidence from Ecuador's private banks and the impact of dollarization on financial fragility.
... Naranjo (2003), the 1998-1999 recession culminated in general bankruptcy of the country's financial system and resulted in 15 of the 40 existing ... failure is subjective as there are several criteria used in its definition, representing a difficulty in the study. The definition of bankruptcy ...
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Organizational decline research review: Challenges and issues for a future research agenda.
... Specific challenges to overcome are related to a better definition, cognitive issues and other issues on decision-making and specific ... (strategy decay, performance decay and organizational decay), bankruptcy, failure (business failure and organizational failure), turnaround, ...
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Corporate Financial Distress and Reorganization: A Survey of Theoretical and Empirical Contributions.
... This paper provides both a theoretical and empirical review of bankruptcy and reorganization studies. We elaborate a general review of ... Contribution Vinicius Richard Brunassi Saito 1. Definition of research problem [check] [check] 2. Development of hypotheses or ...
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Improvement of the regional management system based on harmonization of interests of social and economic interaction subjects
Activation of the processes on globalization and national economic space regionalization actualizes the problem of formation of an effective mechanism for managing the regional socio-economic system, the availability of which ensures effective use of available resources, creates prerequisites for the formation and implementation of the competitive potential of a territorial entity, and is a...
... for monitoring and analysis of actual deviations based on the definition of planned parameters for regional development, organization of ... 9. The strategy of preventing insolvency (bankruptcy) of enterprises in ... the region, contributing to the forecasting of ... -
Farmers to have specific rules for bankruptcy filings
... CPRs let farmers raise funds in exchange of promised delivery of crops at a later time. The point is crucial and remains without definition. Farmers advocate the inclusion of the securities and the definition of criteria for their renegotiation. One possibility is to give more time to the ...
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Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans.
... The next step is the clear definition of the market in which the firm operates (see Besanko, Dranove, Shanley, & Schaefer, 2009), as well as any change in this market caused either by ...
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Corporate Reputation and Bankruptcy Risk.
... According to Gupta (2014), no universally accepted definition exists. However, Hull (2015) sees risk as the interpretation of the level of uncertainty associated with an event and classifies it into market risk, ...
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Latam wants Brazilian creditors in US bankruptcy proceedings
... Latam expects for this month or early September a definition by the New York court about the financing to be adopted. The proposal made by the Cueto and Amaro families and Qatar Airways is questioned by ...
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The Influence of Corporate Governance on the Mitigation of Fraudulent Financial Reporting.
... Arshad (2014) used a metric that considers the likelihood of bankruptcy and of accruals at the same time, assuming that companies that are ... Definition of research problem [check] [check] 2. Development of hypotheses or ...
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The Double Role of Financial Covenants in Bond Issues in Brazil.
... that offer protection against the debt issuer's risk of bankruptcy to be of greatest relevance. Thus, financial covenants may be of greater ... Definition of [check] [check] research problem 2. Development of [check] hypotheses ...
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The Usefulness of Operating Cash Flow for Predicting Business Bankruptcy in Medium-Sized Firms.
... Section 3 describes the data and methodological aspects, including a description of the sample, the definition of variables, and the methodology employed in the empirical research. Next, section 4 sets out the results obtained, and finally, section 5 presents ...
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Determinants of Delays in Corporate Reorganizations.
... plan) in reorganization processes after the new Brazilian bankruptcy law ... This paper follows a strategy similar to that of Kaplan and ... Definition of research problem [check] [check] 2. Development of hypotheses or ...
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Where do they speak from? Positions about the new IMF contractual proposal for ordering sovereign debt restructurings/?Desde onde falam? Posicoes em torno da nova proposta contratual do FMI para ordenar as reestruturacoes da divida soberana.
... in international political economy have stated that the definition of how, when and to what amount should sovereign debts be restructured is ... the historical disputes related to the drafting of the USA bankruptcy law (Bolton 2003). The idealized position of the authors of the ...
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Financial Crisis and Impairment Recognition in Non-Financial Assets.
... crisis, also known as the subprime crisis, was triggered by the bankruptcy of the US investment bank Lehman Brothers, which led to strong turbulence ... Variables description Variables Definition Exp Dependent variables IMP DUM Dummy variable that assumes the value 1 ...
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Urban land regularization as a means of fixing the rights to property and worthy dwelling: a way to solve the social problem of informative cores in large urban centers / A regularização fundiária urbana como meio de garantir os direitos à propriedade e à habitação digna: uma forma de resolver o problema social dos núcleos informais em grandes centros urbanos
... For the definition and conceptualization of fundamental rights, according to Dimoulis, we ... public utility decrees, immission in expropriations, decrees of bankruptcy, overturns, lending, administrative easements, protests against the ...
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Actual issues of cash flow management in enterprises in Russia
... enterprises, because this definition most accurately reflects the result of economic activity and allows us to ... Many even profitable and successful enterprises are close to bankruptcy due to the lack of available funds for the development of current and ...
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Monitoring and managerial discretion effects on agency costs: Evidence from an emerging economy
We analyzed the effect of managerial ownership, leverage, and managerial discretion on the agency costs of 14,719 Chilean companies. The results of the instrumental variables (IV) regressions indicate that managerial ownership and capital structure have a negative and nonlinear effect on agency costs. Managerial ownership concentration is an effective means of internal control over agency costs,...
... high leverage levels, agency costs would increase due to higher bankruptcy costs. Managerial discretion reduces agency costs; however, in firms with ... Categories and variable measurement ... Variable Definition ... Agency costs ... AC Operating expenses to sales Annual ... -
Ecology of russian political discourse: problem statement
The article offers a comparative description of typological mechanisms for political communicative practice and methods of verbal explication of its axiological and symbolic constituents, determining mental universals of individual/collective consciousness. The research position is based on the system multilevel analysis of the component structure of discourse in order to identify and...
... of the material and allows them to formulate the following definition: ecolinguistics is the sphere of linguistics, synergetic field of socio- ... , violence, suicide, orphaned children/parents, impoverishment, bankruptcy, terrorism, flood, natural disaster, natural disasters, epidemic , etc., ... -
Artificial intelligence and industry 4.0: The next frontier in organizations.
... The field has made significant progress, but a precise definition of AI is still a challenge for those involved with disseminating concepts ... USA, 57 chains, including Sears and Toys'R'Us, filed Chapter 11 bankruptcy protection since 2015. However, some thinkers see this as just the ...
- The effect of incubation on business performance: A comparative study in the Centro region of Portugal.
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Are Zombie Companies in Mexico the same as in the rest of the World?
... The support is given because bankruptcy involves social and economic costs; as a result, official institutions ... Authors' Contributions: ... 1st author: Definition of research problem; Development of hypotheses or research questions ...
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Risk measures and the risk-return paradox: an analysis in the context of the economic crisis.
... , after which several economic disasters occurred, such as the bankruptcy of Lehman Brothers, the sale of Merrill Lynch, and the collapse of AIG, ... The definition of appropriate measures of risk should be considered, as should the ...
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Can accounting-based and market-based indicators predict changes in the risk rating of brazilian banks?
... However, in emergent markets, most of the studies on predicting bankruptcy mainly focus on crisis alerts regarding the whole financial system, in ... Definition of research problem [check] [check] 2. Development of hypotheses or ...
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Omettos want to buy back sugarcane mill sold to Abengoa
... Yet a deal still awaits a court definition on the plan of judicial recovery, which was approved in the beginning of ... debts, was expected as soon as Abengoa Bioenergia filed for bankruptcy protection, in 2017. Yet there hurdles to the auction ... The main one ...
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Determinants of the Capital Structure of Small and Medium Sized Brazilian Enterprises
This research investigates the determinants of the capital structure of small and medium enterprises (SMEs) using a unique database that includes over 19,000 Brazilian firms and spans 13 years of data. The econometric analysis employs the System Generalized Method of Moments estimator (GMM-Sys) and two strong results emerge: (a) profitability is negatively related to leverage, and (b) asset...
... SMEs tend to be less financially leveraged, consistent with the bankruptcy cost arguments from trade-off theories; and (c) the age of the firm is ... Code Variable Operating definition ... Leverage Total Leverage + ... Leverage Long-Term (LT) ...