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Un des principaux objectifs de la réforme de la loi sur la faillite, au Canada, en 1992, était d'accroître le nombre de propositions de réorganisation de compagnies commerciales. Cet article a pour but d'analyser le nombre de propositions de réorganisation déposéés par des compagnies de Toronto et de Montréal, avant et après la réforme de la loi sur la faillite, afin de déterminer si cette réforme a produit les effets escomptés. En considérant une variété de facteurs macroéconomiques et politiques qui influencent aussi le nombre de propositions de réorganisation, nous constatons que la réforme de la loi sur la faillite a considérablement accru le nombre de propositions de réorganisation déposées par des sociétés de Toronto et de Montreal. One of the major aims of the 1992 reform to bankruptcy law in Canada was to increase the number of commercial reorganization proposals. The purpose of this paper is to analyze the number of reorganization proposals filed by companies in Toronto and Montreal before and after bankruptcy reform to see whether the reform has had its intended effect. Controlling for a variety of macroeconomic and policy factors that also influence the number of reorganization proposals, we find that bankruptcy reform has significantly increased the number of corporate reorganization proposals filed in Toronto and Montreal. [ABSTRACT FROM AUTHOR]

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Copyright of Canadian Public Policy is the property of University of Toronto Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)