The low usage of bankruptcy procedures: A cultural problem? Lessons from Spain
While filing for bankruptcy does not seem appealing for any debtor regardless of the jurisdiction, the reluctance to use the bankruptcy system varies across countries. This article explores the underlying reasons and economic effects of the low usage of bankruptcy procedures in Spain, where the rate...
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Main Author: | GURREA-MARTINEZ, Aurelio |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2020
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Online Access: | https://ink.library.smu.edu.sg/sol_research/3251 https://ink.library.smu.edu.sg/context/sol_research/article/5216/viewcontent/The_Low_Usage_of_Bankruptcy_Procedures_A_Cultural_Problem_Lesso.pdf |
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Institution: | Singapore Management University |
Language: | English |
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