This year I finished my PhD (after 10 years of study!) which looked at whether voluntary administration provides an optimal regime for corporate rescue in Australia. I undertook empirical analysis by tracking almost 2,500 companies that entered VA from 1993 to the end of 2018. I also surveyed and interviewed stakeholders in insolvency and restructuring. With the PJC’s corporate insolvency inquiry underway at the moment, I thought that my thesis work may be useful for the inquiry so I have posted a copy of the final thesis below. I’ve provided a link in the submission to the inquiry that Michael Murray and I have completed to this webpage so that those who read our submission can find a copy of the thesis.
Michael Murray and Jason Harris, Submission to the PJC Corporate Insolvency in Australia Inquiry (30 November 2022).