The Impact of Legislation on Credit Risk : Comparative Evidence From the United States, the United Kingdom and Germany

Comparative Evidence From the United States, the United Kingdom and Germany

The Impact of Legislation on Credit Risk : Comparative Evidence From the United States, the United Kingdom and Germany
This study investigates the link between bankruptcy and security legislation and potential credit losses faced by banks based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany. Focusing on corporate credit, we find that legislation produces the highest credit risk in the US, followed by Germany, while UK law READ MORE...

Publication date: March 2011
ISBN 9781455220991
$18.00

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