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Companies and Economic Growth

Author

Listed:
  • Samuel Etukakpan, Phd

    (Presidential Enabling Business Environment Council)

Abstract

This article calls for a change in the management of corporate insolvencies in Nigeria. By highlighting the important contributions made by companies to economic growth, it argues that it is imperative to have an insolvency system that supports companies when they experience financial distress or become insolvent.

Suggested Citation

  • Samuel Etukakpan, Phd, . "Companies and Economic Growth," Journal of Economic and Sustainable Growth 1, Office Of The Chief Economist, Development Bank of Nigeria, vol. 1.
    • Handle: RePEc:dbn:vo1is1:1002
    as

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    File URL: http://40.113.122.62/vo1is1/1002.pdf
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    References listed on IDEAS

    as
    1. Andrei Shleifer & Robert Vishny, 2011. "Fire Sales in Finance and Macroeconomics," Journal of Economic Perspectives, American Economic Association, vol. 25(1), pages 29-48, Winter.
    2. Simeon Djankov & Oliver Hart & Caralee McLiesh & Andrei Shleifer, 2008. "Debt Enforcement around the World," Journal of Political Economy, University of Chicago Press, vol. 116(6), pages 1105-1149, December.
    3. J.Armour & S.Deakin, 2001. "Insolvency, Employment Protection and Corporate Restructuring: The effects of TUPE," Working Papers wp204, Centre for Business Research, University of Cambridge.
    4. Stevens, Ann Huff, 1997. "Persistent Effects of Job Displacement: The Importance of Multiple Job Losses," Journal of Labor Economics, University of Chicago Press, vol. 15(1), pages 165-188, January.
    5. Maria Demertzis & Alexander Lehmann, 2017. "Tackling Europe’s crisis legacy- a comprehensive strategy for bad loans and debt restructuring," Policy Contributions 20251, Bruegel.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic Growth; random-effect model; innovation assimilation; companies; Economic Growth;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

    Statistics

    Access and download statistics

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