𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Bankruptcy risk, costs and corporate diversification

✍ Scribed by Singhal, Rajeev; Zhu, Yun (Ellen)


Book ID
121214330
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
285 KB
Volume
37
Category
Article
ISSN
0378-4266

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Bankruptcy risk, firm-specific manageria
✍ David C. Rose πŸ“‚ Article πŸ“… 1992 πŸ› Springer US 🌐 English βš– 585 KB

This paper proposes a model in which firm diversification acts as an efficient form of nonpecuniary compensation for the manager. In the model diversification rewards the manager by reducing the likelihood of bankruptcy which in turn increases the expected value of his firm-specific human capital. U

Mergers and bankruptcy costs
✍ Joseph Yagil πŸ“‚ Article πŸ“… 1989 πŸ› Elsevier Science 🌐 English βš– 546 KB