The costs of bankruptcy: A review

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Systemic Risk in Financial Networks: A Survey (2020, unknown): “54See Branch (2002); Acharya, Bharath & Srinivasan (2007), as well as Davydenko, Strebulaev & Zhao (2012); James (1991).”
The capital structure of multinational companies under tax competition (2009, background): “28In order for the derivative ∂ log C j B ΠB ∂β2 to be positive, we need a lower value of υ. 29For instance Branch (2002) estimates a total default-related cost ranging between 12.7% and 20.5%.”
Pricing Vulnerable Options with Jump Clustering (2017, background): “Second, the average length of time typically involved in resolving the ﬁnancial distress is around two years (e.g., Branch, 2002; Bris, Welch, & Zhu, 2006; Wruck, 1990).”
Corporate Financial Distress: An Empirical Analysis of Distress Risk (2007, unknown): “87 Altman (1984), Branch (2002).”