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"Dynamic Liquidation, Adjustment of Capital Structure, and the Costs of Financial Distress''

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  • Matthias Kahl

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  • Matthias Kahl, "undated". ""Dynamic Liquidation, Adjustment of Capital Structure, and the Costs of Financial Distress''," CARESS Working Papres 96-05, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    • Handle: RePEc:wop:pennca:96-05
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    File URL: http://www.ssc.upenn.edu/econ/CARESS/CARESSpdf/96-05.pdf
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    References listed on IDEAS

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    5. Gilson, Stuart C., 1989. "Management turnover and financial distress," Journal of Financial Economics, Elsevier, vol. 25(2), pages 241-262, December.
    6. Myers, Stewart C., 1977. "Determinants of corporate borrowing," Journal of Financial Economics, Elsevier, vol. 5(2), pages 147-175, November.
    7. Gertner, Robert & Scharfstein, David, 1991. "A Theory of Workouts and the Effects of Reorganization Law," Journal of Finance, American Finance Association, vol. 46(4), pages 1189-1222, September.
    8. Mathias Dewatripont & Jean Tirole, 1994. "A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 1027-1054.
    9. White, Michelle J, 1989. "The Corporate Bankruptcy Decision," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 129-151, Spring.
    10. Harris, Milton & Raviv, Artur, 1990. "Capital Structure and the Informational Role of Debt," Journal of Finance, American Finance Association, vol. 45(2), pages 321-349, June.
    11. James, Christopher, 1995. "When Do Banks Take Equity in Debt Restructurings?," The Review of Financial Studies, Society for Financial Studies, vol. 8(4), pages 1209-1234.
    12. Mooradian, Robert M, 1994. "The Effect of Bankruptcy Protection on Investment: Chapter 11 as a Screening Device," Journal of Finance, American Finance Association, vol. 49(4), pages 1403-1430, September.
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