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.
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, WHU – Otto Beisheim School of Management and University of Cologne who share the same research agenda.