Open research questions in Corporate Insolvency and Governance
124 gap statements mined from Corporate Insolvency and Governance papers in our 7.9M-paper local library, which holds 1,845 papers on the topic — drawn mostly from each paper's own stated research gap, future-work, challenge and limitation notes, and its abstract. The ones listed below are a selection still marked open; each names the study that raised it, with a DOI link where the paper has one.
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What the literature leaves open
The study aims to address the gap in literature with respect to the real-world impact of the PPIRP by evaluating whether it achieves its intended goals of being a timely, cost-effective and stakeholder-friendly process for resolution of insolvency of MSMEs.
Effectiveness of the pre-packaged insolvency resolution process (PPIRP) under the Insolvency and Bankruptcy Code, 2016: challenges, successes and the way forward · 2026 · DOIStudies using questionnaires could be subjective and the limited studies using macroeconomic factors often have methodological issues.
The paper highlights the need for further research on the Code's impact on MSMEs.
Insolvency and Bankruptcy Code, 2016: Regulatory Architecture, Judicial Evolution, and the role of Artificial Intelligence · 2026 · DOIFuture research can focus on the economic impact of asset stripping practices. Future research can analyze the effectiveness of the proposed reforms to the national bankruptcy law.
Perlindungan Hukum Kreditor terhadap Praktik Asset Stripping dalam Restrukturisasi Grup Perusahaan Multinasional: Studi Doktrin Cross-Border Insolvency dan Piercing the Corporate Veil · 2026 · DOIThe study highlights the need for reforms to the national bankruptcy law to improve legal protection for creditors.
Perlindungan Hukum Kreditor terhadap Praktik Asset Stripping dalam Restrukturisasi Grup Perusahaan Multinasional: Studi Doktrin Cross-Border Insolvency dan Piercing the Corporate Veil · 2026 · DOIThe legal position of state assets separated from State-Owned Enterprises was uncertain before the enactment of Law No. 16 of 2025.
Legal Certainty and the Status of Separated State Assets Following the Enactment of Law No. 16 of 2025 · 2026 · DOIThe need for a clear understanding of the conditions for compensation. The potential for controversy in the practical application of this institution.
The lack of clarity on the conditions for compensation. The need for a comprehensive analysis of the institution of mutual claims compensation in insolvency proceedings.
Future research could explore the application of the concept of exceptio non numeratae pecuniae in other legal contexts. The study of Roman law and its historical context could be further developed.
The research highlights the need for a comprehensive analysis of the concept's development and implications.
The lack of a comprehensive regulatory instrument governing debt collection in Indonesia. The need for a systematic comparison of regulatory frameworks across jurisdictions.
Debt Collector Ethics in Comparative Perspective Toward Balancing Creditor Interests and Consumer Protection · 2026 · DOIThis research offers a focused legal analysis on the intersection between AYDA mechanisms and bankruptcy law, an area that remains relatively underexplored, particularly in relation to determining the status of transferred collateral within the bankruptcy estate.
The Legal Status of AYDA in Bankruptcy: Conflicts of Legal Norms and Implications for the Bankruptcy Estate · 2026 · DOIThe lack of a common international framework for cross-border maritime insolvency. The complexity of coordinating court systems and legal systems across multiple jurisdictions. The unique challenges of maritime insolvency, including ship arrest and maritime liens.
The lack of a common international framework for cross-border maritime insolvency. The inadequacy of existing legal frameworks in addressing the unique challenges of maritime insolvency. The need for maritime-specific provisions to supplement the UNCITRAL Model Law on Cross-Border Insolvency.
The lack of understanding of how insolvency regimes redistribute the costs of financial distress.
Bankruptcy Law and the Redistribution of Distortion: A Comparative Law and Economics Analysis of Australia and China · 2026 · DOIThe lack of a unified framework for insolvency and bankruptcy proceedings prior to the introduction of the Insolvency and Bankruptcy Code 2016. The need for a framework for cross-border insolvency implementation.
The research identifies the need for a clear understanding of the legal framework for debtor liability and bankruptcy.
Debtor Liability for Non-Performance of a Homologated Composition Agreement: Analysis Of Central Jakarta Commercial Court Decision No. 31/Pdt.Sus-Pembatalan Perdamaian/2023 · 2026 · DOIFuture research can build on the proposed framework by testing its applicability in different cases. Future research can also explore the implications of the framework for practitioners in the field of law.
Research on the Limits of Actual Investors' Rights in Execution Objection Litigation over Nominee Equity Holding · 2026 · DOIThe gap in current research lies in the lack of a clear framework for resolving conflicts between actual investors' rights and procedural efficiency. The gap is significant because it affects the balance between substantive interests and procedural efficiency.
Research on the Limits of Actual Investors' Rights in Execution Objection Litigation over Nominee Equity Holding · 2026 · DOIThere is a need to define the concept of insolvency liability and its application.
‘A Hollywood Blockbuster’, or the Problems of Liability in Ukrainian Bankruptcy Proceedings · 2026 · DOIThe study highlights the need to investigate the impact of cantonal bank profits on fiscal policymaking. The research aims to understand the relationship between government ideology and fiscal policy.
Examination of the impact of debt collection ethics on consumer financial well-being.
Debt Collector Ethics in Comparative Perspective Toward Balancing Creditor Interests and Consumer Protection · 2026 · DOIThe paper identifies a gap in the literature regarding the development of creditor protection laws. The paper discusses the evolution of creditor protection against debtors' fraudulent activities from Roman law to contemporary law.
Actio Pauliana : A Legal Remedy for Individual Creditors or for all the Creditors? From Roman Law to the Present Day · 2026 · DOIThe implementation of cross-border insolvency. The improvement of the NCLT benches to reduce delays in the insolvency resolution process.
Investigate the possible nonlinearity in the relationship between financial development and preferences for redistribution, - Examine the causal relationship between financial development and preferences…
Most-cited papers in Corporate Insolvency and Governance
- Law and Finance · Journal of Political Economy · 1998 · 13,437 citations
- FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY · The Journal of Finance · 1968 · 12,146 citations
- Financial Intermediation and Delegated Monitoring · The Review of Economic Studies · 1984 · 5,388 citations
- MAKING FAST STRATEGIC DECISIONS IN HIGH-VELOCITY ENVIRONMENTS. · Academy of Management Journal · 1989 · 3,276 citations
- Agency Problems and Residual Claims · The Journal of Law and Economics · 1983 · 3,100 citations
- A Theory of Debt Based on the Inalienability of Human Capital · The Quarterly Journal of Economics · 1994 · 1,224 citations
- Optimal Debt Structure and the Number of Creditors · Journal of Political Economy · 1996 · 1,030 citations
- Covenants and Collateral as Incentives to Monitor · The Journal of Finance · 1995 · 860 citations
- Debt Enforcement around the World · Journal of Political Economy · 2008 · 685 citations
- Recombinant Property in East European Capitalism · American Journal of Sociology · 1996 · 680 citations
Most recent work
- What to Expect from a Chief Restructuring Officer – and What Not · Zenodo (CERN European Organization for Nuclear Research) · 2026
- Creditor Rights and Related-Party Transactions: Evidence from the Implementation of the Insolvency Reforms in India · The Accounting Review · 2026
- THE CORPORATE LANDSCAPE · Zenodo (CERN European Organization for Nuclear Research) · 2026
- Coordinating bankruptcy reform: Government–court collaboration and firm innovation through financial and human capital channels · Economic Analysis and Policy · 2026
- Consumer Choice and Corporate Bankruptcy · The Journal of Finance · 2026
- Do rights offerings reduce bargaining complexity in Chapter 11? · Journal of Financial Economics · 2026
- Personal Bankruptcy Protection and Household Debt · Review of Financial Studies · 2026
- Real Disinvestments and the Distress Anomaly: Evidence from Stocks, Bonds, and Loans · Journal of Financial and Quantitative Analysis · 2026
- Do bankruptcy judicial reforms improve small and medium enterprises' investment efficiency? Evidence from China · China Economic Review · 2026
- A Critical Analysis on the Scope of Related Party Transactions: A Possibility of Expansion · International Journal of Science and Research (IJSR) · 2026
Find a gap in your own Corporate Insolvency and Governance sub-topic
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