Economic Distress, Financial Distress, and Dynamic Liquidation

By Matthias Kahl. 2002

173 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/fc4fea55a13c2d8b65adaf0b79d98a6890a0a2c7

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In Accounting

1. Yasuhiro Yamakawa
2. Mike W. Peng
3. Seung-Hyun Lee
4. Jay B. Barney
5. Robert M. Mooradian
6. Kose John
7. K. J. Rodgers
8. Francis A. Longstaff

In Finance

1. Mike W. Peng
2. Robert M. Mooradian
3. Kose John
4. Jay B. Barney
5. K. J. Rodgers
6. Francis A. Longstaff
7. Yasuhiro Yamakawa
8. Karin S. Thorburn

Citations in the corpus

• Bankruptcy and the Resolution of Financial Distress (2008, background): “Kahl (2002) claims that with sufficient uncertainty it may be optimal for creditors to postpone the liquidation decision and gather more information about the firm’s survival characteristics.”
• Institutions, ownership structures, and distress resolution in China☆ (2013, unknown): “/fax: +86 21 62932280. huangjun@mail.shufe.edu.cn (J. Huang), nzhu@saif.sjtu.edu.cn (N. Zhu). rs (1996), Bris et al. (2005, 2006), Franks and Torous (1989), Khal (2002), Modigliani and Miller (1958), elch (1997), White (1984), and Wruck (1990), among others.”
• Chapter 11: Duration, Outcome, and Post-Reorganization Performance (2007, background): “Kahl (2002), on the other hand, hypothesizes that it takes time to understand whether a firm is economically viable and that even multiple subsequent restructurings are not necessarily evidence that a reorganization was a bad idea ex ante.”
• The subprime credit crisis and contagion in financial markets (2010, background): “…Gertner, and Scharfstein (1994), Opler and Titman (1994), Clark and Ofek (1994), John and Ofek (1995), Andrade and Kaplan (1998), Pulvino (1998), Kahl (2002), Longstaff (2004), Vayanos (2004), Acharya and Pedersen (2005), Brunnermeier and Pedersen (2005), Carlin, Lobo, and Viswanathan (2007)…”
• How do bankruptcy laws affect entrepreneurship development around the world (2011, background): “While we have not specifically examined the downside of lenient bankruptcy laws in the previous three hypotheses, these laws have costs aswell (Lee et al., 2007: 266; see Bebchuk, 2002; Kahl, 2002).”