The Impact of Legislation on Credit Risk-Comparative Evidence From the United States, the United Kingdom and Germany »
Series: IMF Working Papers
Author(s): Philipp Schmieder , and Christian Schmieder
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2011
Keywords: Corporate Credit Risk, Recovery Rates, court, bankruptcies, banking, bankruptcy procedures, bankruptcy legislation, Corporation and Securities Law, General Financial Markets: Government Policy and Regulation,
This study investigates the link between bankruptcy and security legislation and potential credit losses faced by banks based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany...