The Effects of Information Technologies on the Bankruptcy Decision
Jie Yang
What the paper says
ABSTRACT Exploiting the staggered adoptions of electronic systems across 70 bankruptcy courts in the United States, I investigate the impacts of digital transformation on bankruptcy behavior. The digital transformation in bankruptcy courts significantly lowered the cost of filing by enabling debtors to file for bankruptcy online, yet empirical tests show significant drops in bankruptcy filings after the introduction of electronic filing. Heterogeneity analyses support the hypothesis that the information channel plays a key role: in addition to lowering costs, the digital transformation gave debtors access to an online database, thus increasing access to information about a broad range of bankruptcy case documents.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.