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The Effect of Bankruptcy Protection on Investment: Chapter 11 as a Screening Device
16 references·16 citing·50 second hopsampled
The Effect of Bankruptcy Protection on Investment: Chapter 11 as a Screening Device (1994)The Effect of Bankruptcy Protection on In…Management's Incentives, Equity's Bargaining Power, and Deviations from Absolute Priority in Chapter 11 Bankruptcies (1995)Management's Incentives, Equi…Corporate Governance in the Bankruptcy Reorganization of Large, Publicly Held Companies (1993)Corporate Governance in the B…CEO Compensation in Financially Distressed Firms: An Empirical Analysis (1993)CEO Compensation in Financial…The Untenable Case for Chapter 11 (1992)The Untenable Case for Chapte…The Economics of Bankruptcy Reform (1992)The Economics of Bankruptcy R…A Theory of Workouts and the Effects of Reorganization Law* (1991)A Theory of Workouts and the …Troubled debt restructurings (1990)Troubled debt restructuringsSecurity Pricing and Deviations from the Absolute Priority Rule in Bankruptcy Proceedings (1990)Security Pricing and Deviatio…Bankruptcy resolution (1990)Bankruptcy resolutionClaimholder Incentive Conflicts in Reorganization: The Role of Bankruptcy Law (1989)Claimholder Incentive Conflic…An Empirical Investigation of U.S. Firms in Reorganization (1989)An Empirical Investigation of…Simultaneous Signalling to the Capital and Product Markets (1988)Simultaneous Signalling to th…A New Approach to Corporate Reorganizations (1988)A New Approach to Corporate R…Perfect sequential equilibrium (1986)Perfect sequential equilibriumOptimal contracts and competitive markets with costly state verification (1979)Optimal contracts and competi…The Bankruptcy Decision (1978)The Bankruptcy DecisionClimate risk and investment efficiency (2024)Climate risk and investment e…Distressed Debt Restructuring in the Presence of Credit Default Swaps (2016)Distressed Debt Restructuring…The Role of Activist Hedge Funds in Financially Distressed Firms (2015)The Role of Activist Hedge Fu…Accounting Conservatism and Creditor Recovery Rate (2013)Accounting Conservatism and C…Corporate Financial Distress and Bankruptcy: A Survey (2012)Corporate Financial Distress …Assessing viability of Finnish reorganization and bankruptcy firms (2010)Assessing viability of Finnis…Survival of the Fittest? Financial and Economic Distress and Restructuring Outcomes in Chapter 11 (2009)Survival of the Fittest? Fina…Bankruptcy and the Resolution of Financial Distress (2008)Bankruptcy and the Resolution…Is Chapter 11 costly?☆ (2007)Is Chapter 11 costly?☆Filtering Speed in a Continental European Reorganization Procedure (2007)Filtering Speed in a Continen…Corporate financial distress an empirical analysis of distress risk (2007)Corporate financial distress …Nondiscriminating Foreclosure and Voluntary Liquidating Costs (2002)Nondiscriminating Foreclosure…Financial Distress as a Selection Mechanism: Evidence from the United States (2001)Financial Distress as a Selec…How Long Do Junk Bonds Spend in Default? (1999)How Long Do Junk Bonds Spend …The Effects of Bankruptcy Court Protection on Asset Sales (1996)The Effects of Bankruptcy Cou…Investment Policy and Exit-Exchange Offers Within Financially Distressed Firms (1996)Investment Policy and Exit-Ex…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)BANKRUPTCY COSTS: SOME EVIDENCE (1977)On financial contracting (1979)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)Pricing Derivatives on Financial Securities Subject to Credit Risk (1995)The theory of financial intermediation (1997)Determinants of corporate borrowing (1977)Limited-dependent and qualitative variables in econometrics (1983)Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance (1992)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1999)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)Perfect Equilibrium in a Bargaining Model (1982)Reputation and imperfect information (1982)A Theory of Preemptive Takeover Bidding (1988)Strategic stability and uniqueness in signaling games (1990)The Principle of Convergence in Wartime Negotiations (2003)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The effect of capital structure on a firm's liquidation decision (1984)Does Default Risk in Coupons Affect the Valuation of Corporate Bonds?: A Contingent Claims Model (1993)A comparison of financial recontracting in distressed exchanges and chapter 11 reorganizations (1994)Strategic Debt Service (1997)Theory of Value (1959)Essays in the Theory of Risk-Bearing. (1972)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)The market for corporate control (1983)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency costs of free cash flow, corporate finance, and takeovers (1996)Design and Valuation of Debt Contracts (1996)Relationship Banking: What Do We Know? (2000)Access to Collateral and Corporate Debt Structure: Evidence from a Natural Experiment (2013)Outside directors and CEO turnover (1988)Performance Pay and Top-Management Incentives (1990)Transactions Costs and Capital Structure Choice: Evidence from Financially Distressed Firms (1997)Founding Family Control and Capital Structure: The Risk of Loss of Control and the Aversion to Debt (1999)Behavioral Consistency in Corporate Finance: CEO Personal and Corporate Leverage (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate restructuring during performance declines in Japan (1997)Identifying failing companies: a re-evaluation of the logit, probit and DA approaches (1999)Monitoring and Structure of Debt Contracts (2000)Corporate financing and investment decisions when firms have information that investors do not have (1984)Covenants and Collateral as Incentives to Monitor (1995)Postbankruptcy Performance and Management Turnover (1995)Bankruptcy Codes and Innovation (2009)Corporate Bankruptcy and Insider Trading (1997)The Hidden Virtues of Chapter 11: An Overview of the Law and Economics of Financially Distressed Firms (1997)Creditor Control and Conflict in Chapter 11 (2009)
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References

  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1990Troubled debt restructurings1,096 cited
  • 1990Bankruptcy resolution705 cited
  • 1991A Theory of Workouts and the Effects of Reorganization Law*635 cited
  • 1992The Economics of Bankruptcy Reform593 cited
  • 1989An Empirical Investigation of U.S. Firms in Reorganization517 cited
  • 1993CEO Compensation in Financially Distressed Firms: An Empirical Analysis484 cited
  • 1978The Bankruptcy Decision382 cited
  • 1986Perfect sequential equilibrium380 cited
  • 1992The Untenable Case for Chapter 11309 cited
  • 1990Security Pricing and Deviations from the Absolute Priority Rule in Bankruptcy Proceedings288 cited
  • 1988A New Approach to Corporate Reorganizations250 cited
  • 1995Management's Incentives, Equity's Bargaining Power, and Deviations from Absolute Priority in Chapter 11 Bankruptcies237 cited
  • 1988Simultaneous Signalling to the Capital and Product Markets208 cited
  • 1989Claimholder Incentive Conflicts in Reorganization: The Role of Bankruptcy Law165 cited
  • 1993Corporate Governance in the Bankruptcy Reorganization of Large, Publicly Held Companies

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161 cited

Cited by

  • 2012Corporate Financial Distress and Bankruptcy: A Survey128 cited
  • 2007Is Chapter 11 costly?☆114 cited
  • 1999How Long Do Junk Bonds Spend in Default?104 cited
  • 2007Corporate financial distress an empirical analysis of distress risk93 cited
  • 2013Accounting Conservatism and Creditor Recovery Rate90 cited
  • 2008Bankruptcy and the Resolution of Financial Distress90 cited
  • 2009Survival of the Fittest? Financial and Economic Distress and Restructuring Outcomes in Chapter 1152 cited
  • 2015The Role of Activist Hedge Funds in Financially Distressed Firms44 cited
  • 2002Nondiscriminating Foreclosure and Voluntary Liquidating Costs39 cited
  • 2007Filtering Speed in a Continental European Reorganization Procedure38 cited
  • 2016Distressed Debt Restructuring in the Presence of Credit Default Swaps37 cited
  • 2024Climate risk and investment efficiency37 cited
  • 2010Assessing viability of Finnish reorganization and bankruptcy firms36 cited
  • 1996The Effects of Bankruptcy Court Protection on Asset Sales36 cited
  • 1996Investment Policy and Exit-Exchange Offers Within Financially Distressed Firms33 cited
  • 2001Financial Distress as a Selection Mechanism: Evidence from the United States32 cited