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Essays on financial fragility and resolutions

Pan, Guangqian


This thesis examines issues on financial fragility and possible resolutions. The key focus of three essays is to investigate how to implement both ex ante and ex post methods to avoid or mitigate the impact of financial fragility. The first essay explores the optimal reorganization bankruptcy choice for those firms experiencing financial difficulties. The second essay examines the role of creditor diversity on financial stability and its potential regulation implications. The third essay...[Show more]

CollectionsOpen Access Theses
Date published: 2019
Type: Thesis (PhD)
DOI: 10.25911/5de62c4f656e9


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