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would be bound to exit the market or even be forced into bankruptcy. The CBDC next-level model solution would eliminate the …
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This work has the aim of analyzing the influence of bank and trade debt in the duration of the process of bankruptcy in … Spain. To that end, a sample of 567 firms, that fill in bankruptcy between 2004 and 2009, is used. The results show a … different behavior between banks and trade creditors, considering the level of their debt and the type of bankruptcy resolution …
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