Changing bankruptcy law has given firms time to adapt and recover
Djankov, Simeon
(2021)
Changing bankruptcy law has given firms time to adapt and recover.
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(2021)
Changing bankruptcy law has given firms time to adapt and recover.
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Bankruptcies are costly, but economists worry about keeping doomed firms alive. Simeon Djankov (LSE) argues that restructuring bankruptcy laws has given companies breathing space to adapt and recover from the economic shock of COVID.
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