Corporate financial distress and bankruptcy: predict and avoid bankruptcy, analyze and invest in distressed debt
Hoboken, N.J.
Wiley
c2006
xiv, 354 p.: ill.; 24 cm.
Includes bibliographical references )p. 331-346( and indexes.
Edward I. Altman, Edith Hotchkiss
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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.