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Insolvency administrator’s incentives and the tradeoff between creditor satisfaction and efficiency in bankruptcy procedures

Abstract An insolvency administrator replaces the manager of an insolvent firm to devise and organize a liquidation or reorganization plan in the creditors’ interest. In the course of the process, the insolvency administrator presents the most favourable option from his perspective, and the creditor...

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Bibliografische gegevens
Hoofdauteurs: Matthias Frieden, Stefan Wielenberg
Formaat: Artigo
Taal:Inglês
Gepubliceerd in: Springer 2017-06-01
Reeks:Business Research
Onderwerpen:
Online toegang:http://link.springer.com/article/10.1007/s40685-017-0047-x
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