Buch, Englisch, 368 Seiten, Format (B × H): 155 mm x 231 mm, Gewicht: 567 g
Reihe: Wiley Finance Editions
Buch, Englisch, 368 Seiten, Format (B × H): 155 mm x 231 mm, Gewicht: 567 g
Reihe: Wiley Finance Editions
ISBN: 978-0-471-69189-1
Verlag: JOHN WILEY & SONS INC
A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default
This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.
Edward I. Altman (New York, NY) is the Max L. Heine Professor of Finance at the Stern School of Business, New York University. He received his MBA and PhD in finance from the University of California, Los Angeles. Edith Hotchkiss (Chester Hill, MA) is Associate Professor of Finance at Boston College. She received her PhD from the Stern School of Business and her BA from Dartmouth College.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Unternehmensrestrukturierung, Insolvenz
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
Weitere Infos & Material
Preface.
Acknowledgements.
Author Biographies.
Chapter 1. Corporate Bankruptcy and Distress: Introduction and Statistical Background.
Chapter 2. Evolution of the Bankruptcy Process in the US and International Comparisons.
Chapter 3. Post-Chapter 11 Performance.
Chapter 4. The Costs of Bankruptcy.
Chapter 5. Distressed Firm Valuation.
Chapter 6. Firm Valuation and Corporate Leveraged Restructuring.
Chapter 7. The High Yield Bond Market: Risks and Returns for Investors and Analysts.
Chapter 8. Investing In Distressed Securities.
Chapter 9. Risk-Return Performance of Defaulted Bonds and Bank Loans.
Chapter 10. Corporate Governance In Distressed Firms.
Part Two: Techniques For The Classification and Prediction Of Corporate Financial Distress And Their Applications.
Chapter 11. Corporate Credit Scoring-Insolvency Risk Models.
Chapter 12. An Emerging Market Credit Scoring System for Corporates.
Chapter 13. Application of Distress Prediction Models.
Chapter 14. Distress Prediction Models: Catalysts for Constructive Change-Managing a Financial Turnaround.
Chapter 15. Estimating Recovery Rates on Defaulted Debt.
Endnotes.
Index.
