Do bankrupt firms impose negative externalities on their non-bankrupt competitors? We propose and analyze a collateral channel in which a firm's bankruptcy reduces collateral values of other industry
A firm's termination leads to bankruptcy costs. This may create an incentive for outside stakeholders or the firm's debtholders to bail out the firm as bankruptcy looms. Because of this implicit guara
Dataset comprises data used ti produce the article “The Short and Long-Term Impacts of Government Procurement on the Bankruptcy Rates of Brazilian Businesses”. The variables used is as follow: i) The