Ex Ante Costs of Violating Absolute Priority in Bankruptcy
收藏NBER2001-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8388
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资源简介：
A basic question for the design of bankruptcy law concerns whether value should be divided in accordance with absolute priority. Research done in the past decade has suggested that deviations from absolute priority have beneficial ex ante effects. In contrast, this paper shows that ex post
提供机构：
美国国家经济研究局
创建时间：
2001-07-01
