Corporate rescue: empirical evidence on company voluntary arrangements and small firms

• Published in: Journal of small business and enterprise development Vol. 7; no. 3; pp. 241 - 254
• Main Authors: Pandit, Naresh R, Cook, Gary A.S, Milman, David, Chittenden, Francis C
• Format: Journal Article
• Language: English
• Published: MCB UP Ltd 01.09.2000
• Subjects: Business failure; Insolvency; Law; Small to mediumsized enterprises; Small- to medium-sized enterprises; Law; Business failure; Insolvency

This paper focuses on the British company voluntary arrangement (CVA) which is a relatively new debtor rehabilitation process particularly intended to help financially troubled small firms resolve their difficulties. Based on a survey that is the largest and most comprehensive on the subject of Brit...