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Companies and Economic Growth


  • Samuel Etukakpan, Phd

    (Presidential Enabling Business Environment Council)


This article calls for a change in the management of corporate insolvencies in Nigeria. By highlighting the important contributions made by companies to economic growth, it argues that it is imperative to have an insolvency system that supports companies when they experience financial distress or become insolvent.

Suggested Citation

  • Samuel Etukakpan, Phd, . "Companies and Economic Growth," Journal of Economic and Sustainable Growth 1, Office Of The Chief Economist, Development Bank of Nigeria, vol. 1.
  • Handle: RePEc:dbn:vo1is1:1002

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    References listed on IDEAS

    1. repec:hrv:faseco:33077925 is not listed on IDEAS
    2. Andrei Shleifer & Robert Vishny, 2011. "Fire Sales in Finance and Macroeconomics," Journal of Economic Perspectives, American Economic Association, vol. 25(1), pages 29-48, Winter.
    3. J.Armour & S.Deakin, 2001. "Insolvency, Employment Protection and Corporate Restructuring: The effects of TUPE," Working Papers wp204, Centre for Business Research, University of Cambridge.
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    More about this item


    Economic Growth; random-effect model; innovation assimilation; companies; Economic Growth;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General


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