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Keywords: Bankruptcy costs
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Journal Articles
Journal of Financial Regulation and Compliance (2014) 22 (2): 96–114.
Published: 06 May 2014
... creditors in generating bankruptcy costs is documented. A model of such a conflict is provided, which is then used in analyzing the effects of depositor preference and other forms of asset encumbrance. The model takes into account the reactions of providers of secured and unsecured financing. Findings...
