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What is Resolving Insolvency

Handbook of Research on Global Enterprise Operations and Opportunities
This term identifies weaknesses in existing insolvency law and the main procedural and administrative bottlenecks in the insolvency process.
Published in Chapter:
Quality of Business and Investment Environment: An International Perspective for Turkic States
Huseyin Aktas (Manisa Celal Bayar University, Turkey), Mahmut Karğin (Celal Bayar University, Turkey), Koray Kayalidere (Celal Bayar University, Turkey), and Tuna Can Güleç (Celal Bayar University, Turkey)
DOI: 10.4018/978-1-5225-2245-4.ch009
Abstract
This chapter aims to explain the effects of Business Environment policies on global investment decisions by analyzing the effects and results of environmental reforms of 5 Turkic countries between 2004-2014 period. World Bank's yearly Doing Business reports are interpreted and potential effects of Business Environment reforms are calculated using Reform Calculator tool provided. Chapter is critical for understanding the influence of business environment policy decisions on globalization and capital movements.
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