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Market behaviour around bankruptcy announcements: evidence from the Australian Stock Exchange
16 references·6 citing·37 second hop
Market behaviour around bankruptcy announcements: evidence from the Australian Stock Exchange (2007)Market behaviour around bankruptcy announ…Predicting Firm Financial Distress: A Mixed Logit Model (2004)Predicting Firm Financial Dis…Credit Risk (2003)Credit RiskCredit Risk : Pricing, Measurement, and Management (2003)Credit Risk : Pricing, Measur…Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Forecasting Bankruptcy More A…Is the Risk of Bankruptcy a Systematic Risk? (1998)Is the Risk of Bankruptcy a S…Management Forecasts and Information Asymmetry: An Examination of Bid-Ask Spreads (1997)Management Forecasts and Info…Good News for Value Stocks: Further Evidence on Market Efficiency (1997)Good News for Value Stocks: F…Earnings Announcements and the Components of the Bid-Ask Spread (1996)Earnings Announcements and th…An Analysis of Intraday Patterns in Bid/Ask Spreads for NYSE Stocks (1992)An Analysis of Intraday Patte…Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests (1989)Inferring the Components of t…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…Methodological Issues Related to the Estimation of Financial Distress Prediction Models (1984)Methodological Issues Related…A Further Empirical Investigation of the Bankruptcy Cost Question (1984)A Further Empirical Investiga…Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Financial Ratios and the Prob…ZETATM analysis A new model to identify bankruptcy risk of corporations (1977)ZETATM analysis A new model t…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…Risk Analysis of Bankruptcy in the U.S. Healthcare Industries Based on Financial Ratios: A Machine Learning Analysis (2024)Risk Analysis of Bankruptcy i…Can Language Predict Bankruptcy? The Explanatory Power of Tone in 10‐K Filings (2017)Can Language Predict Bankrupt…Market Behavior of Institutional Investors around Bankruptcy Announcements (2014)Market Behavior of Institutio…Dynamic forecasts of financial distress of Australian firms (2014)Dynamic forecasts of financia…Analyst Recommendations, Earnings Forecasts and Corporate Bankruptcy: Recent Evidence (2012)Analyst Recommendations, Earn…Firms’ performance under different bankruptcy systems: a Europe–USA empirical analysis (2011)Firms’ performance under diff…Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)Financial Ratios As Predictors of Failure (1966)Limited-dependent and qualitative variables in econometrics (1983)Do Managers Withhold Bad News? (2008)In Search of Distress Risk (2008)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Management turnover and financial distress (1989)Contagion and competitive intra-industry effects of bankruptcy announcements (1992)Do Tests of Capital Structure Theory Mean What They Say? (2007)Conditional logit analysis of qualitative choice behavior (1972)The Effect of Audit Quality on Earnings Management* (1998)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Book‐to‐Market Equity, Distress Risk, and Stock Returns (2002)Investor psychology in capital markets: evidence and policy implications (2002)How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012)A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)Price, trade size, and information in securities markets (1987)Spreads, Depths, and the Impact of Earnings Information: An Intraday Analysis (1993)Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE (1996)Why Do Security Prices Change? A Transaction-Level Analysis of NYSE Stocks (1997)The Cost of Transacting (1968)Stock returns and the weekend effect (1980)Variations in Trading Volume, Return Volatility, and Trading Costs: Evidence on Recent Price Formation Models (1993)Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes? (1994)Order flow composition and trading costs in a dynamic limit order market (1999)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)Modeling Term Structures of Defaultable Bonds (1999)Forecasting Default with the Merton Distance to Default Model (2008)
this work references cited by second hop

References

  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1980Financial Ratios and the Probabilistic Prediction of Bankruptcy6,005 cited
  • 1984Methodological Issues Related to the Estimation of Financial Distress Prediction Models2,889 cited
  • 2001Forecasting Bankruptcy More Accurately: A Simple Hazard Model2,655 cited
  • 1977ZETATM analysis A new model to identify bankruptcy risk of corporations1,812 cited
  • 1984A Further Empirical Investigation of the Bankruptcy Cost Question1,009 cited
  • 1998Is the Risk of Bankruptcy a Systematic Risk?1,002 cited
  • 1989Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests949 cited
  • 1992An Analysis of Intraday Patterns in Bid/Ask Spreads for NYSE Stocks899 cited
  • 1997Good News for Value Stocks: Further Evidence on Market Efficiency805 cited
  • 1997Management Forecasts and Information Asymmetry: An Examination of Bid-Ask Spreads639 cited
  • 2003Credit Risk : Pricing, Measurement, and Management587 cited
  • 2003Credit Risk560 cited
  • 1996Earnings Announcements and the Components of the Bid-Ask Spread

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388 cited
  • 2004Predicting Firm Financial Distress: A Mixed Logit Model377 cited
  • Cited by

    • 2014Market Behavior of Institutional Investors around Bankruptcy Announcements23 cited
    • 2012Analyst Recommendations, Earnings Forecasts and Corporate Bankruptcy: Recent Evidence23 cited
    • 2017Can Language Predict Bankruptcy? The Explanatory Power of Tone in 10‐K Filings22 cited
    • 2011Firms’ performance under different bankruptcy systems: a Europe–USA empirical analysis22 cited
    • 2014Dynamic forecasts of financial distress of Australian firms21 cited
    • 2024Risk Analysis of Bankruptcy in the U.S. Healthcare Industries Based on Financial Ratios: A Machine Learning Analysis20 cited