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Asset Efficiency and Reallocation Decisions of Bankrupt Firms

โœ Scribed by Vojislav Maksimovic; Gordon Phillips


Book ID
108500818
Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
166 KB
Volume
53
Category
Article
ISSN
0022-1082

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๐Ÿ“œ SIMILAR VOLUMES


Asset specificity, unionization and the
โœ Joseph K. Cavanaugh; John Garen ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 134 KB

This paper considers the combined influence of asset specificity and unionization on the firm's use of debt. While previous literature tends to examine these effects separately, we find that the interaction of the two is critical. Thus, while asset specificity may reduce debt as in , the presence of