Publication Type
Blog Post
Version
acceptedVersion
Publication Date
7-2025
Abstract
When companies face financial trouble, potential job losses can be a major risk for people and—depending on the size of the company or industry in trouble—a risk to local or national economies. An efficient insolvency system can mitigate this risk while contributing to the creation of more and better jobs. As jobs are the most critical tool in fighting poverty, a better understanding of the effects of insolvency law on employment is vital for development work.
Discipline
Bankruptcy Law | Business Organizations Law | Labor and Employment Law
Research Areas
Corporate, Finance and Securities Law
Citation
MARTÍNEZ, Andrés F.; Aurelio GURREA-MARTINEZ; and NATARAJAN, Harish.
The crucial role of insolvency law in job creation and preservation. (2025).
Available at: https://ink.library.smu.edu.sg/sol_research/4786
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://blogs.worldbank.org/en/psd/the-crucial-role-of-insolvency-law-in-job-creation-and-preservat
Included in
Bankruptcy Law Commons, Business Organizations Law Commons, Labor and Employment Law Commons