Debt Enforcement around the World

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 ef...

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Bibliographic Details
Main Authors: Djankov, Simeon, Hart, Oliver, McLiesh, Caralee, Shleifer, Andrei
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5660