Bankruptcies: a victim of the corona crisis?

Year: 2021
Type: Report
Open Science:

The sales plunge triggered by the corona crisis has shoved many companies into financial distress. However, the number of German companies filing for insolvency proceedings (bankruptcy) fell astonishingly during the pandemic. This is revealed by a newly compiled insolvency database of the TRR 266. However, “the fewer the better” does not apply in this case. Find out what this paradox is about, why restarting the economy after the pandemic could be difficult, and why bankruptcy research is so important.

Participating Institutions

TRR 266‘s main locations are Paderborn University (Coordinating University), HU Berlin, and University of Mannheim. All three locations have been centers for accounting and tax research for many years. They are joined by researchers from LMU Munich, Frankfurt School of Finance and Management, Goethe University Frankfurt, University of Cologne and Leibniz University Hannover who share the same research agenda.

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