Liquidation costs and accounting data

Financial Management

Volumn 25, Issue 2, 1996, Pages 25-36

  Alderson, Michael J ^a   Betker, Brian L ^a  

^a SAINT LOUIS UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0039460048     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: 10.2307/3665987     Document Type: Article

References (31)

1. Alderson, M.J. and B.L. Betker, 1995, "Liquidation Costs and Capital Structure," Journal of Financial Economics (September), 45-69.
2. Altman, E.I., 1984, "A Further Empirical Investigation of the Bankruptcy Cost Question," Journal of Finance (September), 1067-1089.
3. Ang, J.S., J.H. Chua, and J.J. McConnell, 1982, "The Administrative Costs of Corporate Bankruptcy: A Note," Journal of Finance (March), 219-226.
4. Barclay, M.J. and C.W. Smith, 1995a, "The Maturity Structure of Corporate Debt," Journal of Finance (June), 609-632.
5. Barclay, M.J. and C.W. Smith, 1995b, "The Priority Structure of Corporate Liabilities," Journal of Finance (July), 899-915.
6. Bernard, V.L., J.S. Thomas, and J.S. Abarbanell, 1993, "How Sophisticated is the Market in Interpreting Earnings News?" Journal of Applied Corporate Finance 6 (Summer), 54-63.
7. Betker, B.L., 1995, "The Administrative Costs of Debt Restructurings," Working paper, Ohio State University.
8. Bizjak, J.M., J.A. Brickley, and J.L. Coles, 1993, "Stock-Based Incentive Compensation and Investment Behavior," Journal of Accounting and Economics (January/April/July), 349-372.
9. Bradley, M., G. Jarrell and E. Kim, 1984, "On the Existence of an Optimal Capital Structure: Theory and Evidence," Journal of Finance (July) 857-878.
10. Cutler, D.M. and L.H. Summers, 1988, "The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation," Rand Journal of Economics (Summer), 157-172.
11. Harris, M. and A. Raviv, 1991, "The Theory of Capital Structure," Journal of Finance (March), 297-355.
12. Haugen. R. and L. Senbet, 1978, "The Insignificance of Bankruptcy Costs to the Theory of Optimal Capital Structure," Journal of Finance (June), 383-393.
13. Friend, I. and J. Hasbrouck, 1988, "Determinants of Capital Structure," in Andy Chen, ed., Research in Finance, (JAI Press, Inc., New York) 1-19.
14. Friend, I. and L. Lang, 1988, "An Empirical Test of the Impact of Managerial Self-Interest on Corporate Capital Structure," Journal of Finance (June), 271-281.
15. Gilson, S.C., K. John, and L.H.P. Lang, 1990, "Troubled Debt Restructurings: An Empirical Study of Private Reorganization of Firms in Default," Journal of Financial Economics (October), 315-354.
16. John, T. A., 1993, "Accounting Measures of Corporate Liquidity, Leverage, and the Costs of Financial Distress," Financial Management (Summer), 91-100.
17. Kale, J.R., T.H. Noe, and G.G. Ramírez, 1991, "The Effect of Business Risk on Corporate Capital Structure: Theory and Evidence," Journal of Finance (December), 1693-1716.
18. Kaplan, S.N., 1989, "Campeau's Acquisition of Federated: Value Destroyed or Value Added," Journal of Financial Economics (December), 191-212.
19. Lang, L.H.P. and R. Stulz, 1992, "Contagion and Competitive Intra-industry Effects of Bankruptcy Announcements: An Empirical Analysis," Journal of Financial Economics (August), 45-60.
20. Long, J. and I. Malitz 1985, "The Investment-Financing Nexus: Some Empirical Evidence," Midland Corporate Finance Journal, 53-59.
21. McMillan, H., R. Nachtmann, and F. Philips-Patrick, 1991, "Costs of Reorganizing Under Chapter 11 : Some Evidence from the 1980's," U.S. Securities and Exchange Commission, Working Paper.
22. Mehran, H., 1995, "Executive Compensation Structure, Ownership, and Firm Performance," Journal of Financial Economics (June), 163-184.
23. Myers, S.C., 1977, "Determinants of Corporate Borrowing," Journal of Financial Economics (November), 147-175.
24. Myers, S.C., 1984, "The Capital Structure Puzzle," Journal of Finance (July), 575-592.
25. Opler, T.C. and S. Titman, 1994, "Financial Distress and Corporate Performance," Journal of Finance (July), 1015-1040.
26. Shleifer, A. and R.W. Vishny, 1992, "Liquidation Values and Debt Capacity: A Market Equilibrium Approach," Journal of Finance (September), 1343-1366.
27. Smith, C.W. and R.L. Watts. 1992, "The Investment Opportunity Set and Corporate Financing, Dividend and Compensation Policies," Journal of Financial Economics (December), 263-292.
28. Titman, S. and R. Wessels, 1988, "The Determinants of Capital Structure Choice," Journal of Finance (March), 1-19.
29. Warner, J.B., 1977, "Bankruptcy Costs: Some Evidence," Journal of Finance (June), 337-347.
30. Weiss, L.A., 1990, "Bankruptcy Resolution: Direct Costs and Violation of Priority of Claims," Journal of Financial Economics (October), 285-314.
31. Williamson, O., 1988, "Corporate Finance and Corporate Governance," Journal of Finance (July), 567-592.