:predict and avoid bankruptcy, analyze and invest in distressed debt
/ Edward I. Altman, Edith Hotchkiss
3rd ed.
Hoboken, N.J.
: Wiley,
, c2006.
xiv, 354 p
. ill. 24 cm.
Language: انگلیسی
Print
ng
Includes bibliographical references (p. 331-346) and indexes.
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.