In this research, the relationship between accruals quality and bankruptcy of companies has been studied. According to Dechow et al.chr('39')s (1995) model, the quality of accruals was measured, and according to the Shirata model (1998), bankruptcy was examined. Operations were considered as the control variables. The research hypothesis was tested using a multivariate regression model and a co...

This research studies the impact of financial crisis and moratorium on bankruptcy final value bank's claim rights. The relevance comes from fact that a lot problems appear in time crises to apply process case bankruptcy. aim this will be finding mechanism evaluate claims help company methodology used depends cash flow generated debtors amount money they can obtain complete data collected Russia...

This paper studies the role of moral hazard and liquidity in driving household bankruptcy. First, I estimate that increases potential debt forgiveness have a positive, but small, effect on filing using regression kink design. Second, exploiting quasi-experimental variation mortgage payment reductions, is five times more responsive to cash-on-hand than relief generosity. Using sufficient statist...

Forecasts of corporate defaults are used in various fields across the economy. Several recent studies attempt to forecast bankruptcy using machine learning techniques. We collected financial information on 13 variables 1020 companies listed KOSPI and KOSDAQ capture possibility bankruptcy. propose a data processing method for small-sample domestic data. investigate case random sampling non-bankr...

After the promulgation of Law Number 11 2020 Concerning Job Creation, it has been made possible to form a new legal entity, namely an Individual Company. These changes are referred in provisions Article 109 Creation Law, which contains several 40 2007 concerning Limited Liability Companies. The government also further regulations regarding existence individual company as entity Government Regul...

bankruptcy and tort; two apparently distinct branches of law, but, in fact, some technical and theoretical issues arise from their interaction. these include, among others, the boundaries between personal rights of the victim to damages, exclusively allocated to the bankrupt, and the financial damages , which belong to the creditors ; the problems resulting from the chronological order of the b...

We argue that the main role of corporate bankruptcy is to mitigate bargaining frictions in financial distress. Bankruptcy law can improve ex post bargaining efficiency by (1) verifying assets and liabilities; (2) improving coordination among claimholders; (3) protecting third-party claimants; (4) maintaining asset value during bargaining; and (5) alleviating the impact of liquidity constraints ...

This paper analyzes corporate bond valuation and optimal call and default rules when interest rates and firm value are stochastic. It then uses the results to explain the dynamics of hedging. Bankruptcy rules are important determinants of corporate bond sensitivity to interest rates and firm value. Although endogenous and exogenous bankruptcy models can be calibrated to produce the same prices,...