2005 Fiscal Year Final Research Report Summary
A study on characteristic of a reorganization type bankruptcy processing application company : Empirical Analysis of Financial Ratios
Project/Area Number |
15330081
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Research Category |
Grant-in-Aid for Scientific Research (B)
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Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Business administration
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Research Institution | Shibaura Institute of Technology (2005) Nihon University (2003-2004) |
Principal Investigator |
SHIRATA Yoshiko Shibaura Institute of Technology, Professor, 工学マネジメント研究科, 教授 (80289793)
|
Project Period (FY) |
2003 – 2005
|
Keywords | Civil Rehabilitation Law / Financial Numbers / Reorganization / The bankruptcy law |
Research Abstract |
This study analyzed Civil Rehabilitation Law companies to clarify whether the act settled in society and functioned as company reorganization. As a result, closing rate of Civil Rehabilitation Law was only 39.2% about a listed company and there were 30 months for an average reorganization period. Many of companies which achieved reorganization had technology peculiar, and a line was enough by a business transfer. On the other hand, there are many companies driven into the bankruptcy and there is even a prospect of the reorganizing without support being found in a medium and small-sized business without standing. This study proved that financial ratios turned worse than a bankruptcy company when play-back rate of a Civil Rehabilitation Law companies were analyzed from a financial aspects. Decreasing the liquidity ratio, a rise of an interest rate burden had been seen in particular. In addition, it was found that a lot of insolvency companies originally apply to a Civil Rehabilitation Law companies for bankruptcy processing, and a company applies to "a makeshift" for a civil affair reorganization procedure. This is clear because Civil Rehabilitation Law were applied at the end of the month (21st, 30th) when payment of a debt centers on.
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Research Products
(12 results)