...D. Kavitha Purpose To augment the Insolvency and Bankruptcy Code, the Indian Government introduced the pre-packaged insolvency process exclusively for small and medium firms. This paper aims to critically review some of the key features of the process and also identifies potential glitches...

...Angelo Paletta; Genc Alimehmeti Purpose This paper aims to analyze the ex ante and ex post economic efficiency of the preventive agreement (concordato preventivo) or composition with creditors as defined by the Italian Bankruptcy Law. This study examines four possible outcomes of the procedure...

... that some financial variables are poor for many years before the bankruptcy and others decrease only shortly before bankruptcy declaration. With an increase in firm size, the gradual failure process becomes more common, but in turn, the presence of the gradual failure process is not age-dependent. Failure...

...Mahdi Salehi; Mojdeh Davoudi Pour Purpose Bankruptcy is the last phase of economic life of companies and has some impacts on all of the entity’s stakeholders. Thus, the prediction of bankruptcy is very important. The inherent aim of preparing and developing financial accounting information...

...‐European insolvency proceedings. Issues concerning the so‐called international bankruptcy and insolvency proceedings (for terminology, see Mrázek, 2004) have been in the center of interest of international legal practice for much longer than the recent years or decades; from the historical viewpoint...