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Personal Bankruptcy Law and Innovation around the World

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NBER2024-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32826
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Because corporate limited liability protects the founders personal assets, creditors often require founders of new, small and risky firms to contract around limited liability by pledging their personal assets as collateral for loans to their firms. This makes personal bankruptcy law (PBL) relevant
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美国国家经济研究局
创建时间:
2024-08-01
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