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Unternehmensinsolvenzen in Deutschland

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  • Müller Steffen

Abstract

Corporate bankruptcy in Germany has been on a long-run decline. Even before the recent double crisis of the pandemic and multiple cost shocks, bankruptcy figures were one-third lower than around the turn of the century but were larger and affected more mature firms. With the onset of the double crisis, bankruptcies plummeted further while the number of affected jobs rose initially. Government rescue programmes hindered the exit of many small unproductive firms. Since mid-2023, bankruptcies of registered firms are higher than before the pandemic. Due to the current recession and the need to repay government support, the number of bankruptcies will rise until the end of 2023 and likely beyond.

Suggested Citation

  • Müller Steffen, 2023. "Unternehmensinsolvenzen in Deutschland," Wirtschaftsdienst, Sciendo, vol. 103(11), pages 788-790, November.
    • Handle: RePEc:vrs:wirtsc:v:103:y:2023:i:11:p:788-790:n:18
    DOI: 10.2478/wd-2023-0214
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    More about this item

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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