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Liquidation ou redressement des entreprises: decision de la banque et impact sur la probabilite de faillite

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Abstract

Nous analysons d'abord la litterature specifiquement consacree a la resolution des crises d'illiquidite. La decision de la banque est dans ce cadre uniquement fonction de la valeur actualisee de sa creance, donc des potentialites de redressement de la firme. Elle n'influence pas le risque de defaut qui est ici exogene.

Suggested Citation

  • Refait, C., 1999. "Liquidation ou redressement des entreprises: decision de la banque et impact sur la probabilite de faillite," Papiers d'Economie Mathématique et Applications 1999.100, Université Panthéon-Sorbonne (Paris 1).
  • Handle: RePEc:fth:pariem:1999.100
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    More about this item

    Keywords

    FAILLITE ; BANQUES ; INFORMATION;
    All these keywords.

    JEL classification:

    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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