The flip side of the coin: how entrepreneurship?oriented insolvency laws can complicate access to debt financing for growth firms
Corporate Finance Lab
NOVEMBER 8, 2023
While research extensively covers the effects of tax and interest policies on entrepreneurship, the impact of insolvency laws remains underexplored in law and economics scholarship. This change increases the risk for creditors, as they may have difficulties recovering debts in case of debtor bankruptcy.
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