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This chapter is based on primary research focusing on the effect of bankruptcy regulatory changes in Hungary after the … are seemingly irrelevant in decision-making. The bankruptcy procedure has become a useful tactic for the owner … bankruptcy procedures in Hungary. A model in which financially rational decisions is not dysfunctional. We find that time is the …
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Financial contracts are complicated and consumers often do not grasp them in their entirety. This may lead to financial mistakes. We develop a quantitative theory of unsecured credit and equilibrium default in a market with sophisticated and naïve borrowers who sometimes misunderstand their...
Persistent link: https://www.econbiz.de/10013328047
The purpose of this review is to evaluate the status of scholarly research on Japanese management as it is applied outside Japan. The first part of the review deals with the concept of Japanese management. The second part aims at understanding how Japanese management is applied in foreign...
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