Abstract
This research provides an academic tool for filling a potential gap in education related to the importance of bankruptcy for small business owners’ financial decisions. We develop a teaching supplement that provides a critical and comprehensive analysis of the 2005 Bankruptcy Reform Act’s effect on business owners’ risk taking decisions. The supplement also provides empirical statistics on the bankruptcy outcomes for small businesses and unincorporated entrepreneurs. Renewed attention to this area should enable educators to increase students’ awareness of the rapid changes and provide a practical application for the theoretical concepts within financial economics.
Recommended Citation
(2006)
"An Overview of the 2005 Bankruptcy Reform Act:A Teaching Supplement,"
Journal of Economics and Finance Education: Vol. 5:
Iss.
1, Article 1.
Available at:
https://scholarship.rollins.edu/jefe/vol5/iss1/1
