search query: @author Hashi, I. / total: 5
reference: 4 / 5
| Author: | Hashi, I. |
| Title: | The economics of bankruptcy, reorganization, and liquidation |
| Journal: | Russian and East European Finance and Trade
1997 : JUL-AUG, VOL. 33:4, p. 6-34 |
| Index terms: | ECONOMICS BANKRUPTCY LIQUIDATION |
| Language: | eng |
| Abstract: | Entry and exit are fundamental underpinnings of the competitive process. They ensure that a sufficient number of firms remain in an industry and produce efficiency in order to satisfy the market demand at a competitive price. Moreover, entry and exit need not be in the form of firms actually appearing on, or departing from , the industry scene. They may well be in the form of an increase or a reduction in the volume of activities and the volume of resources engaged in the production process or a change in the type of activity. |
SCIMA