- Author
- Gurgul Henryk (AGH University of Science and Technology Kraków, Poland), Zając Paweł (AGH University of Science and Technology Kraków, Poland)
- Title
- The Impact of Alterations in the Local Insolvency Legislation on Business Bankruptcy Rates in Poland
- Source
- Statistics in Transition, 2014, vol. 15, nr 3, s. 453-466, rys., tab., bibliogr. 26 poz.
- Keyword
- Małe i średnie przedsiębiorstwa, Upadłość przedsiębiorstwa, Prawo upadłościowe, Modele ekonometryczne
Small business, Enterprise bankruptcy, Bankruptcy law, Econometric models - Note
- summ.
- Abstract
- The purpose of this paper is to analyze the number of insolvencies in Poland before and after the major bankruptcy code novelization in the second quarter of 2009. Authors check whether the novelization had its intended effect of reducing bankruptcy rates. Therefore, econometric models have been implemented to investigate changes in bankruptcy rates using quarterly data from the period 2003-2013. While controlling the variety of macroeconomic factors that have influenced insolvency rates, we found that after implementation of the novelization the aggregate bankruptcy rates significantly increased. (original abstract)
- Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of the Wroclaw University of Economics - Full text
- Show
- Bibliography
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- Cited by
- ISSN
- 1234-7655
- Language
- eng