Home  Journals  Economic Analysis: Theory and Practice  18(225) - 2011 May

The role of bankruptcy procedures as a measure of settlement debtor and creditors’ conflict

Available online: 16 May 2011

Subject Heading: Crisis management

JEL Classification: 

Enterprise insolvency problems of indiscriminate sale of assets and debt panic of creditors. Application of judicial bankruptcy proceedings to allow these contradictions, but generates ethical risk. Development of bankruptcy legislation is to find a balance between the need to protect the insolvent debtor and prevent ethical risk lenders.

Keywords: insolvency, bankruptcy, creditors, race, panic risk

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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