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Keywords: Resolution of bond defaults
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Journal Articles
Journal:
China Accounting and Finance Review
China Accounting and Finance Review (2022) 24 (3): 359–390.
Published: 10 June 2022
... important resolutions for bond defaults (Dou, 2016). However, in the past years, government intervention to bail out ailing enterprises has enabled a large number of inefficient firms to survive, leading to the absence of an efficient bankruptcy system (Shen, 2016 ; Wang & Liu, 2018 ; Zhang & Pu...
