Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring
By Antje Brunner, J. Krahnen. 2008
181 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/93beb6c32e105785749a8c8bfc3dbe93ebeca7b1
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Citations in the corpus
- Bargaining power and information in SME lending (2010, background): “The German data come from a unique data set including detailed credit file information from 1,062 loans (240 borrowers), granted by six large German banks during the period 1992–1996 (e.g., Elsas and Krahnen 1998; Machauer and Weber 1998; Grunert et al. 2005; Brunner and Krahnen 2008).”
- Capital structure decisions in family firms: empirical evidence from a bank-based economy (2011, unknown): “Moreover, in the case of financial distress German banks form so called bank-pools and are actively involved in the restructuring process (Brunner and Krahnen 2008; Jostarndt and Sautner 2010).”
- Venture Capital Conflicts of Interest: Evidence from Acquisitions of Venture-Backed Firms (2010, unknown): “Chang (1998) reports that announcements of stock financed acquisitions of private companies generate positive acquirer stock returns as favorable information about acquirer stock values can be inferred when targets accept acquirer stock as M&A consideration after their due diligence investigations.”
- Creditor Concentration: An Empirical Investigation (2012, unknown): “As the fourth largest economy in the world and a bank-based system, Germany is a particularly interesting country to study creditor concentration.”
- Bankruptcy law and bank financing (2016, unknown): “Finally, we support and expand the literature on debt restructuring (e.g., Asquith, Gertner, and Scharfstein, 1994; Brunner and Krahnen, 2008; James, 1996 ) in two primary ways.”