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The Economics of Bank Bankruptcy Law
Matej Marinč, Razvan Vlahu
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| #7180884 in Books | 2011-09-17 | Original language:English | PDF # 1 | 9.10 x.60 x6.00l,1.10 | File type: PDF | 158 pages||From the Back Cover|This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characte
This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision. These feat...
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