Publication detail

Two (Further) Possible Explanations of the Secured Debt Puzzle: A Note

Author(s): doc. JUDr. Tomáš Richter LL.M., Ph.D.,
Type: Articles in refereed journals
Year: 2006
Number:
ISSN / ISBN: 0572-3043
Published in: Acta Oeconomica Pragensia 2/2006
Publishing place: Praha, 2006
Keywords:
JEL codes:
Suggested Citation:
Grants: IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: The article offers one possible explanation of why secured debt (and its priority in bankruptcy) is efficient and one possible explanation supporting the contrary claim - that priority of secured debt is inefficient.
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