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Liquidation Values and the Credibility of Financial Contract Renegotiation: Evidence from U.S. Airlines
16 references·7 citing·36 second hop
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References

  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 1982Perfect Equilibrium in a Bargaining Model5,287 cited
  • 1995Firms, Contracts, and Financial Structure4,671 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 1992An Incomplete Contracts Approach to Financial Contracting2,132 cited
  • 1994A Theory of Debt Based on the Inalienability of Human Capital1,441 cited
  • 1996Optimal Debt Structure and the Number of Creditors1,440 cited
  • 2000Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts1,180 cited
  • 1991A Theory of Debt Based on the Inalienability of Human Capital1,060 cited
  • 1998Default and Renegotiation: A Dynamic Model of Debt1,021 cited
  • 1994Anatomy of Financial Distress: An Examination of Junk-Bond Issuers940 cited
  • 1994Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management908 cited
  • 2007Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries700 cited
  • 1998Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions681 cited
  • 2008Leasing, Ability to Repossess, and Debt Capacity

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400 cited
  • 2000Conflicts of Interest and Market Illiquidity in Bankruptcy Auctions: Theory and Tests231 cited
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    • 2009Financial Contracting: A Survey of Empirical Research and Future Directions45 cited
    • 2010The Collateral Channel: How Real Estate Shocks Affect Corporate Investment37 cited
    • 2010Bankruptcy and the Collateral Channel28 cited
    • 2011Negotiating with Labor Under Financial Distress15 cited