Financial Distress and Bank Restructuring of Small to Medium Size UK Companies

By Julian R. Franks, Oren Sussman. 2005

260 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/6710294cc53e2b382ec9051ac34d24bfe717f924

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Citations in the corpus

Do Bankruptcy Codes Matter? A Study of Defaults in France, Germany, and the U.K. (2008, unknown): “In the UK, the incidence of multibanking in the SME sector is much smaller, and preferential creditors cause little dilution of senior creditors’ claims (Franks and Sussman, 2005); as a result, zero-recovery cases are rare.”
Firm exit after distress: differentiating between bankruptcy, voluntary liquidation and M&A (2011, unknown): “There is indeed evidence from the United Kingdom (Franks and Sussman 2005) and the United States (Bris et al.”
Access to Collateral and Corporate Debt Structure: Evidence from a Natural Experiment (2012, background): “The 21 Empirical evidence supports this assumption (Franks and Sussman (2005), Davydenko and Franks (2008)).”
Measuring and Managing Credit Risk (2004, background): “Franks and Sussman (2002).”
Trade credit, collateral liquidation, and borrowing constraints (2010, background): “( 12 ) is positive or zero, all entrepreneurs, regardless of wealth, take trade credit for liquidation reasons”
The age-effect of financial indicators as buffers against the liability of newness ☆ (2010, background): “…contributions have been made relating bankruptcy to internal-to-the-firm factors, such as control systems (Jensen, 1993) or capital structure (Franks and Sussman, 2005) as well as external conditions such as industry concentration (Opler and Titman, 1994) or market demand (Maksimovic and…”
Bankruptcy and the Resolution of Financial Distress (2008, background): “Nevertheless, Franks and Sussman (2005) report direct costs averaging 33% of asset values.”
Bankruptcy law and bank financing (2016, unknown): “…the vast literature analyzing the direct and indirect costs of bankruptcy (e.g., Benmelech and Bergman, 2011; Bris, Welch, and Zhou, 2006; Franks and Sussman, 2005; Franks and Torous, 1994; Sautner and Vladimirov, 2013; Strömberg, 20 0 0; Weiss, 1990 ) by providing evidence on the…”