The Effectiveness of Moroccan Insolvency Law under Law 73-17: A Critical Analysis of Creditor Protection in Light of Empirical Evidence
References
- Allaki, H. (2024). L’anticipation de la difficulté d’entreprise en droit marocain. Casablanca, Morocco: Éditions Universitaires.
- Altman, E. I. (1968). Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. The Journal of Finance, 23(4), 589–609. https://doi.org/10.1111/j.1540-6261.1968.tb00843.x
- Beaver, W. H. (1966). Financial ratios as predictors of failure. Journal of Accounting Research, 4, 71–111. https://doi.org/10.2307/2490171
- Boulaich, M. A., Cherqi, N., & Essalhi, O. (2025). The effectiveness of Moroccan insolvency law: Empirical evidence from Law No. 73-17. Working Paper.
- Boulaich, M. A., Cherqi, N., & Essalhi, O. (2025). Business failure and creditor protection in Morocco: An empirical assessment of Law No. 73-17. Research Report.
- Carbonnier, J. (2004). Sociologie juridique. Paris, France: Presses Universitaires de France. Cherqi, N., Essalhi, O., & Boulaich, M. A. (2025). Corporate restructuring and creditor protection under Moroccan insolvency law. Working Paper.
- Creswell, J. W., & Creswell, J. D. (2018). Research design: Qualitative, quantitative, and mixed methods approaches(5th ed.). Thousand Oaks, CA: Sage Publications.
- European Commission. (2022). Restructuring and insolvency frameworks in the European Union. Brussels, Belgium: European Commission.
- Freeman, R. E. (1984). Strategic management: A stakeholder approach. Boston, MA: Pitman Publishing.
- Inforisk. (2024). Baromètre des défaillances des entreprises au Maroc 2024. Casablanca, Morocco: Inforisk.
- Injaz, N. (2024). Les procédures judiciaires de traitement des difficultés des entreprises selon la loi 73-17. Revue des Professions Juridiques et Judiciaires, 8(7), 85–110.
- Juhel, C. (2023). Le droit des entreprises en difficulté. Paris, France: Dalloz.
- M’rini, K. (2021). Les défis de la réforme du droit marocain des entreprises en difficulté. Revue Marocaine de Droit des Affaires, 15(2), 45–67.
- Organisation for Economic Co-operation and Development (OECD). (2021). Insolvency and corporate recovery frameworks. Paris, France: OECD Publishing.
- Pérochon, F. (2022). Entreprises en difficulté. Paris, France: LGDJ.
- Roussel Galle, P. (2016). Procédures collectives. Paris, France: Dalloz.
- Saunders, M., Lewis, P., & Thornhill, A. (2019). Research methods for business students (8th ed.). Harlow, England: Pearson Education.
- Sekkatani, O. (2024). Gouvernance et procédures collectives au Maroc. Revue des Professions Juridiques et Judiciaires, 8(7), 112–138.
- United Nations Commission on International Trade Law (UNCITRAL). (2021). Legislative guide on insolvency law. New York, NY: United Nations.
- Valli, A. (2023). Procédures de traitement des difficultés des entreprises au Maroc. Rabat, Morocco: Faculté des Sciences Juridiques, Économiques et Sociales.
- World Bank. (2020). Doing business 2020: Comparing business regulation in 190 economies. Washington, DC: World Bank.
- Yin, R. K. (2018). Case study research and applications: Design and methods (6th ed.). Thousand Oaks, CA: Sage Publications.
- Zouhri, A. (2023). La protection des créanciers dans les procédures collectives marocaines. Revue Marocaine de Droit Commercial, 12(3), 55–79.
- Idrissi, M. (2023). L’effectivité des procédures de sauvegarde au Maroc après la loi 73-17. Revue de la Recherche Juridique Marocaine, 9(2), 101–128.
- Lalami, S. (2023). Les mécanismes préventifs de traitement des difficultés des entreprises au Maroc. Revue Marocaine des Études Juridiques et Économiques, 18(1), 77–98.
- Benani, Y. (2023). Corporate restructuring and insolvency reform in Morocco: Challenges and perspectives. African Business Law Review, 7(2), 44–66.
- Cherkaoui, H. (2023). Judicial governance and creditor protection under Moroccan insolvency law. Journal of North African Legal Studies, 5(1), 33–57.
- El Faouzi, A. (2023). Business rescue and insolvency proceedings in Morocco: An assessment of Law No. 73-17. International Journal of Business and Law, 14(2), 91–117.
Language: English
Page range: 123 - 132
Published on: Jun 17, 2026
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year
Keywords:
Related subjects:
© 2026 Najat Cherqi, Ouafae Essalhi, Mohammed Ali Boulaich, published by International Institute for Private, Commercial and Competition Law
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.