Corporate financial distress and bankruptcy: predict and avoid bankruptcy, analyze and invest in distressed debt
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Hoboken, N.J.
Name of Publisher, Distributor, etc.
Wiley
Date of Publication, Distribution, etc.
c2006
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xiv, 354 p.: ill.; 24 cm.
GENERAL NOTES
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Includes bibliographical references )p. 331-346( and indexes.
NOTES PERTAINING TO TITLE AND STATEMENT OF RESPONSIBILITY
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Edward I. Altman, Edith Hotchkiss
ORIGINAL VERSION NOTE
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1
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2
CONTENTS NOTE
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Corporate bankruptcy and distress: introduction and statistical background -- Evolution of the bankruptcy process in the US and international comparisons -- Post-chapter 11 performance -- The costs of bankruptcy -- Distressed firm valuation -- Firm valuation and corporate leveraged restructuring -- The high yield bond market : risks and returns for investors and analysts -- Investing in distressed securities -- Risk-return performance of defaulted bonds and bank loans -- Corporate governance in distressed firms -- Techniques for the classification and prediction of corporate financial distress and their applications -- Corporate credit scoring-insolvency risk models -- An emerging market credit scoring system for corporates -- Application of distress prediction models -- Distress prediction models : catalysts for constructive change : managing a financial turnaround -- Estimating recovery rates on defaulted debt.