Insolvencia financiera en la Unión Europeaefecto de la legislación concursal sobre la valoración del mercado
- López Gutiérrez, Carlos
- Myriam García Olalla Zuzendaria
Defentsa unibertsitatea: Universidad de Cantabria
Fecha de defensa: 2005(e)ko uztaila-(a)k 17
- Prosper Lamothe Fernández Presidentea
- José María Sarabia Alzaga Idazkaria
- Alberto de Miguel Hidalgo Kidea
- Arturo Rodríguez Castellanos Kidea
- Eleuterio Vallelado González Kidea
Mota: Tesia
Laburpena
The aim of this Thesis is to analyse the implications of the orientation of the bankruptcy law over the market value, and its influence in the share of this value between the stakeholders of the firm. We try to specify the characteristics that affect the value of the firm by the efficiency of the law. Finally, we study the risk and the importance of the systematic and specific component. With an international empirical analysis, we get evidence about the relationship between the orientation of the bankruptcy law and the market value of insolvent firms, about he valuation of the different types of efficiency of the bankruptcy law and the relevance of the specific risk, which appears specially affected by the insolvency problems.