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Determinants of financial distress and bankruptcy in highly levered transactions

✍ Scribed by Paul Halpern; Robert Kieschnick; Wendy Rotenberg


Book ID
113871686
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
213 KB
Volume
49
Category
Article
ISSN
1062-9769

No coin nor oath required. For personal study only.


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## Abstract Two possible solutions to corporate financial distress are traditionally considered: commencing a formal bankruptcy proceeding or arranging an out‐of‐court capital restructuring. Corporate bankruptcy scholarship has largely ignored a third solution occasionally undertaken by small busin