Debt Enforcement around the World
Dados Bibliográficos
| ID | 10177044 |
|---|---|
| Autores | Simeon Djankov (0000-0002-0822-6456), Oliver Hart (0000-0002-5391-7483, Harvard University Press), Caralee McLiesh, Andrei Shleifer (Harvard University Press) |
| Ano | 2008 |
| Volume | 116 |
| Fascículo | 6 |
| Páginas | 1105-1149 |
| Data de publicação | 2008-12-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | Journal of Political Economy (JOURNAL) |
| Identificadores do periódico | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Editora | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/595015 |
| OpenAlex | W3123235830 |
| Idioma | EN |
| Citações recebidas | 51 |
| Referências citadas | 29 |
Insolvency practitioners from 88 countries describe how debt enforcement will proceed against an identical hotel about to default on its debt. We use the data on time, cost, and the likely disposition of the assets (preservation as a going concern vs. piecemeal sale) to construct a measure of the efficiency of debt enforcement in each country. This measure is strongly correlated with per capita income and legal origin and predicts debt market development. Several characteristics of debt enforcement procedures, such as the structure of appeals and availability of floating charge finance, influence efficiency. (c) 2008 by The University of Chicago. All rights reserved
Business · Debt · Debt-to-GDP ratio · Economics · Enforcement · External debt · Financial system · Insolvency · Internal debt · Monetary economics · Per capita · Recourse debt · Corporate Finance and Governance · Corporate Insolvency and Governance · Credit Risk and Financial Regulations · Finance
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| Obras citantes distintas | 51 |
|---|---|
| Citações por ano | 2,83 |
| Intervalo de citações | 2008 - 2026 (19) |
| Velocidade de citação | current |
| Altamente citado | Não |
| Tipos de citação | Neutras: 50 |