Corporate financial distress and bankruptcy [[electronic resource] ] : predict and avoid bankruptcy, analyze and invest in distressed debt / / Edward I. Altman, Edith Hotchkiss

• Record Nr.: UNINA9911019911103321
• Autore: Altman Edward I. <1941->
• Pubbl/distr/stampa: Hoboken, N.J., : Wiley, c2006
• ISBN: 1-118-04604-8; 1-280-34972-7; 9786610349722; 0-470-32405-8; 1-118-26780-X; 0-471-77464-2
• Edizione: [3rd ed.]
• Descrizione fisica: 1 online resource (370 p.)
• Collana: Wiley Finance ; ; v.289
• Altri autori (Persone): HotchkissEdith <1961->
• Disciplina: 658.15
• Soggetti: Bankruptcy - United States
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references (p. 331-346) and indexes.
• Nota di contenuto: 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.
• Sommario/riassunto: 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.