In an article from Insights @ Center for Emerging Markets, Kandarp Srinivasan, in collaboration with Radhakrishnan Gopalan and Xiumin Martin from Washington University in St. Louis, describes how “In institutional regimes with weak creditors’ rights, some company insiders might take advantage of bankruptcy rules by intentionally making their companies look less valuable. This creates problems for creditors and makes it harder for these companies to succeed in the future.”