Science – Future of Lithuania / Mokslas – Lietuvos Ateitis, Vol 1, No 3 (2009)

The Matter of Bankruptcy: Theory and Practice

Aistė Januševičiūtė
Daiva Jurevičienė

Abstract


Various opinions on internal and external reasons of bankruptcy origin are systemized in the article. Analyzing the impact of bankruptcy for state’s economy both negative (such as economic and social) and positive (such as merges or just closing of non effective companies) sides are pointed out. After analyzing the dynamics of bankruptcy of Lithuanian enterprises during recent years, the main factors which influenced the insolvency are stated.

Article in Lithuanian


Article in: English

Article published: 2011-04-11

Keyword(s): bankruptcy; crisis causes; bankruptcy dynamics in Lithuania

DOI: 10.3846/147

Full Text: PDF pdf

Science – Future of Lithuania / Mokslas – Lietuvos Ateitis ISSN 2029-2341, eISSN 2029-2252
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 License.