Showing 1 - 10 of 150
The goal of this paper is to analyze the premiere effects of the New Brazilian Bankruptcy Law, measuring its impact over the amount of bankruptcies and judicial reorganizations, and the firms' access to credit. Making use of econometric models we find that the amount of bankruptcies (requested...
Persistent link: https://www.econbiz.de/10003959579
Persistent link: https://www.econbiz.de/10012111460
Persistent link: https://www.econbiz.de/10011943495
Persistent link: https://www.econbiz.de/10001741894
Persistent link: https://www.econbiz.de/10002390465
Persistent link: https://www.econbiz.de/10002080369
central bank. The program (PROER) designed by the central bank and its legal framework allowed the failed bank to buy … “defaulted securities”, financed by the central bank, and to use them as borrowing collateral. The paper also analyses the … private and social costs of this bank failure. (Rev Econ Polit/GIGA) …
Persistent link: https://www.econbiz.de/10003665619
Persistent link: https://www.econbiz.de/10012514260
This report evaluates and compares the evolution and the determinants of the capital structure of Brazilian firms, with a particular emphasis on external financing. One of its main conclusions is that country factors are nearly as important as firm level factors. Industry factors are not very...
Persistent link: https://www.econbiz.de/10003823741
Persistent link: https://www.econbiz.de/10001024860