Search: insolvency
RBA Glossary definition for insolvency
insolvency – A situation where an entity has insufficient assets to cover the value of its liabilities, resulting in an inability to meet its financial obligations as they fall due.
Search Results
Institutional Background
30 Nov 2016
RDP
2016-09
By international standards, the Australian corporate insolvency system ranks highly in its ability to resolve company failures. ... Nor are we interested in examining how the insolvency system affects the overall probability of company failure.
https://www.rba.gov.au/publications/rdp/2016/2016-09/institutional-background.html
Why Do Companies Fail?
1 Nov 2016
RDP
2016-09
By international standards, the Australian corporate insolvency system ranks highly in its ability to resolve company failures. ... changes in insolvency legislation) and the average levels of any omitted company-level variables (e.g.
https://www.rba.gov.au/publications/rdp/2016/2016-09/full.html
Introduction
30 Nov 2016
RDP
2016-09
This is due, at least in part, to changes in corporate insolvency law that reduced the cost of entering insolvency for companies. ... These include: the introduction of employee entitlement schemes which effectively reduced the cost of companies entering
https://www.rba.gov.au/publications/rdp/2016/2016-09/introduction.html
References
30 Nov 2016
RDP
2016-09
Available at <http://data.princeton.edu/wws509/notes/>. Senate Economics References Committee (2015), Insolvency in the Australian Construction Industry, (C Ketter, Chair), Commonwealth of Australia, Canberra.
https://www.rba.gov.au/publications/rdp/2016/2016-09/references.html
Data
30 Nov 2016
RDP
2016-09
We identify failed companies in our data using publicly available information on corporate insolvency available from ASIC.
https://www.rba.gov.au/publications/rdp/2016/2016-09/data.html
Results
30 Nov 2016
RDP
2016-09
push them towards insolvency during periods of stress.
https://www.rba.gov.au/publications/rdp/2016/2016-09/results.html
Modelling Approach
30 Nov 2016
RDP
2016-09
changes in insolvency legislation) and the average levels of any omitted company-level variables (e.g.
https://www.rba.gov.au/publications/rdp/2016/2016-09/modelling-approach.html