Navigating insolvency risks in emerging markets
Most emerging markets have weak legal and institutional environments that generally lead to low levels of predictability and legal certainty. Moreover, the insolvency framework of most emerging markets is very inefficient, providing creditors with low recovery rates. Therefore, extending credit to c...
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| 格式: | text |
| 語言: | English |
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Institutional Knowledge at Singapore Management University
2022
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| 在線閱讀: | https://ink.library.smu.edu.sg/sol_research/4608 https://ink.library.smu.edu.sg/context/sol_research/article/6566/viewcontent/NavigatingInsolvencyRisks_EmergingMarkets_av.pdf |
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