Figure 1.
Figure 2.
Model 1_1 parameters for the dependent variable Time
| Coefficients | Standard error | t-stat | p-value | |
|---|---|---|---|---|
| Intercept | 0.68842603 | 0.42261232 | 1.62897767 | 0.11585559 |
| Sanctions for failure to file for bankruptcy in the required period or for the debtor’s lack of cooperation with the court (Sanctions) | 1.84255798 | 0.58328899 | 3.15891097 | 0.00410886 |
| R2 | 0.285279705 | |||
| F Statistic | Significance F | |||
| F | 9.9787185 | 0.00410886 |
The correlation analysis of BLSI with the response variable Time
| Statistical significance | Time (years) | Correlations |
|---|---|---|
| *** | 0.5341 | Sanctions for failure to file for bankruptcy in the required period or for the debtor’s lack of cooperation with the court (Sanctions) |
| 0.0846 | Suspension of bankruptcy proceedings in the event of an application to open restructuring proceedings | |
| –0.1840 | Number and types of restru | |
| 0.2781 | Regulations regarding the release from debts after the end of bankruptcy proceedings or restructuring proceedings | |
| –0.2245 | Accelerated restructuring and/or bankruptcy path for SME entrepreneurs | |
| 0.1111 | Pre-pack regulations | |
| –0.2049 | Debtor in possession regulations | |
| –0.3743 | New financing regulations in bankruptcy proceedings and restructuring proceedings | |
| *** | 0.6240 | The maximum time allowed for filing a bankruptcy petition upon the occurrence of the premise (The maximum time allowed for filing a bankruptcy petition) |
| 0.1319 | Rules for voting in creditors over a restructuring plan or arrangement | |
| 0.1738 | BLSI |
Model 1_2 parameters for the dependent variable Time
| Coefficients | Standard error | t-stat | p-value | |
|---|---|---|---|---|
| Intercept | 1.10618861 | 0.25538722 | 4.3314172 | 0.00021075 |
| The maximum time allowed for filing a bankruptcy petition upon the occurrence of the premise (The maximum time allowed for filing a bankruptcy petition) | 1.49882122 | 0.37534103 | 3.99322511 | 0.00050414 |
| R2 | 0.389437465 | |||
| F-statistic | Significance F | |||
| F | 15.9458468 | 0.00050414 |