Implementing an insolvency framework for micro and small firms

• Main Author: Aurelio GURREA-MARTINEZ
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Insolvency; Restructuring; Firms; MSME; Bankruptcy Law; Business Organizations Law; Commercial Law; Entrepreneurial and Small Business Operations
• Online Access: https://ink.library.smu.edu.sg/sol_research/3448; https://ink.library.smu.edu.sg/context/sol_research/article/5406/viewcontent/iir.1422_pvoa.pdf
• Institution: Singapore Management University

Micro-, small-, and medium-sized enterprises (MSMEs) represent the vast majority of businesses in most countries around the world. Despite the economic relevance of these firms, most insolvency jurisdictions do not provide adequate responses to MSMEs. Moreover, with a few exceptions, the academic li...