메뉴 건너뛰기




Volumn 25, Issue 1, 2008, Pages 13-23

The response of industry rivals to announcements of reorganization filing

Author keywords

Competitive effect; Contagion effect; Corporate reorganization; Fuzzy logic system; Receiver operating characteristic curve analysis

Indexed keywords


EID: 37349005186     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econmod.2007.04.008     Document Type: Article
Times cited : (10)

References (24)
  • 1
    • 0033164667 scopus 로고    scopus 로고
    • Comparing classifiers when the misallocation costs are uncertain
    • Adams N.M., and Hand D.J. Comparing classifiers when the misallocation costs are uncertain. Pattern Recognition 32 (1999) 1139-1147
    • (1999) Pattern Recognition , vol.32 , pp. 1139-1147
    • Adams, N.M.1    Hand, D.J.2
  • 3
    • 84977703403 scopus 로고
    • Fundamentals and stock returns in Japan
    • Chen N., Roll R., and Lakonishok J. Fundamentals and stock returns in Japan. Journal of Finance 46 (1991) 1739-1789
    • (1991) Journal of Finance , vol.46 , pp. 1739-1789
    • Chen, N.1    Roll, R.2    Lakonishok, J.3
  • 4
    • 85015708669 scopus 로고    scopus 로고
    • Industry structure and ripple effects of bankruptcy announcements
    • Cheng L.T.W., and McDonald J.E. Industry structure and ripple effects of bankruptcy announcements. The Financial Review 31 (1996) 783-807
    • (1996) The Financial Review , vol.31 , pp. 783-807
    • Cheng, L.T.W.1    McDonald, J.E.2
  • 5
    • 37349029399 scopus 로고    scopus 로고
    • Chi L.C., Tang T.C., in press. Impact of reorganization announcements on distressed-stock returns. Economic Modelling.
  • 6
    • 0000547776 scopus 로고
    • The relationship between board composition and leadership structure and bankruptcy reorganization outcomes
    • Daily C.M. The relationship between board composition and leadership structure and bankruptcy reorganization outcomes. Journal of Management 21 (1995) 1041-1056
    • (1995) Journal of Management , vol.21 , pp. 1041-1056
    • Daily, C.M.1
  • 7
    • 0030436475 scopus 로고    scopus 로고
    • An introduction to Bayesian inference for ecological research and environmental decision-making
    • Ellison A.M. An introduction to Bayesian inference for ecological research and environmental decision-making. Ecological Applications 6 (1996) 1036-1046
    • (1996) Ecological Applications , vol.6 , pp. 1036-1046
    • Ellison, A.M.1
  • 8
    • 0010927098 scopus 로고    scopus 로고
    • The intra-industry effects of open market share repurchase: contagion or competitive?
    • Erwin R., and Miller J. The intra-industry effects of open market share repurchase: contagion or competitive?. Journal of Financial Research 21 (1998) 389-406
    • (1998) Journal of Financial Research , vol.21 , pp. 389-406
    • Erwin, R.1    Miller, J.2
  • 9
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama E., and French K. The cross-section of expected stock returns. Journal of Finance 47 (1992) 427-465
    • (1992) Journal of Finance , vol.47 , pp. 427-465
    • Fama, E.1    French, K.2
  • 10
    • 0011573120 scopus 로고
    • Announcements of asset-quality problems and contagion effects in the life insurance industry
    • Fenn G.W., and Cole R.A. Announcements of asset-quality problems and contagion effects in the life insurance industry. Journal of Financial Economics 35 (1994) 181-198
    • (1994) Journal of Financial Economics , vol.35 , pp. 181-198
    • Fenn, G.W.1    Cole, R.A.2
  • 11
    • 0031498279 scopus 로고    scopus 로고
    • The response of competitors to announcements of bankruptcy: an empirical examination of contagion and competitive effects
    • Ferris S.P., Jayaraman N., and Makhija A.K. The response of competitors to announcements of bankruptcy: an empirical examination of contagion and competitive effects. Journal of Corporate Finance 3 (1997) 367-395
    • (1997) Journal of Corporate Finance , vol.3 , pp. 367-395
    • Ferris, S.P.1    Jayaraman, N.2    Makhija, A.K.3
  • 12
    • 0030547054 scopus 로고    scopus 로고
    • Dividend changes, abnormal returns, and intra-industry firm valuations
    • Firth M. Dividend changes, abnormal returns, and intra-industry firm valuations. Journal of Financial and Quantitative Analysis 31 (1996) 189-210
    • (1996) Journal of Financial and Quantitative Analysis , vol.31 , pp. 189-210
    • Firth, M.1
  • 13
    • 0000257156 scopus 로고
    • A logit model of brand choice calibrated on scanner data
    • Guadagni P.M., and Little D.C. A logit model of brand choice calibrated on scanner data. Marketing Science 2 (1983) 203-238
    • (1983) Marketing Science , vol.2 , pp. 203-238
    • Guadagni, P.M.1    Little, D.C.2
  • 14
    • 0003143402 scopus 로고
    • Contagion and competitive intraindustry effects of bankruptcy announcements: an empirical analysis
    • Lang L., and Stulz R. Contagion and competitive intraindustry effects of bankruptcy announcements: an empirical analysis. Journal of Financial Economics 32 (1992) 45-60
    • (1992) Journal of Financial Economics , vol.32 , pp. 45-60
    • Lang, L.1    Stulz, R.2
  • 15
    • 0032275158 scopus 로고    scopus 로고
    • The relative importance of competition and contagion in intraindustry information transfers: an investigation of dividend announcements
    • Laux P., Starks L., and Yoon S.Y. The relative importance of competition and contagion in intraindustry information transfers: an investigation of dividend announcements. Financial Management 27 (1998) 5-16
    • (1998) Financial Management , vol.27 , pp. 5-16
    • Laux, P.1    Starks, L.2    Yoon, S.Y.3
  • 16
    • 0042638606 scopus 로고
    • Intelligent control makes sense even without expert knowledge: An explanation
    • El-Paso, TX
    • Lea R., and Kreinovich V. Intelligent control makes sense even without expert knowledge: An explanation. Proc APIC '95 (1995), El-Paso, TX 140-145
    • (1995) Proc APIC '95 , pp. 140-145
    • Lea, R.1    Kreinovich, V.2
  • 17
    • 21144463233 scopus 로고
    • Patterns in the bankruptcy reorganization of large, publicly held companies
    • LoPucki L.M., and Whitford W.C. Patterns in the bankruptcy reorganization of large, publicly held companies. Cornell Law Review 78 (1993) 597-618
    • (1993) Cornell Law Review , vol.78 , pp. 597-618
    • LoPucki, L.M.1    Whitford, W.C.2
  • 19
  • 20
    • 0021892282 scopus 로고
    • Fuzzy identification of systems and its applications to modeling and control
    • Takagi T., and Sugeno M. Fuzzy identification of systems and its applications to modeling and control. IEEE Transactions on System Man, and Cybernetics 15 (1985) 116-132
    • (1985) IEEE Transactions on System Man, and Cybernetics , vol.15 , pp. 116-132
    • Takagi, T.1    Sugeno, M.2
  • 21
    • 13644255454 scopus 로고    scopus 로고
    • Predicting multilateral trade credit risks: comparisons of logit and fuzzy Logic models using ROC curve analysis
    • Tang T.C., and Chi L.C. Predicting multilateral trade credit risks: comparisons of logit and fuzzy Logic models using ROC curve analysis. Expert Systems with Applications 28 (2005) 547-556
    • (2005) Expert Systems with Applications , vol.28 , pp. 547-556
    • Tang, T.C.1    Chi, L.C.2
  • 23
    • 84913713369 scopus 로고
    • Bankruptcy and the pricing of risky debt
    • Warner J.B. Bankruptcy and the pricing of risky debt. Journal of Financial Economics 26 (1977) 3-27
    • (1977) Journal of Financial Economics , vol.26 , pp. 3-27
    • Warner, J.B.1
  • 24
    • 37349018000 scopus 로고    scopus 로고
    • Intra-industry credit contagion evidence from the credit deflt swap market and the stock market
    • Zhang G. Intra-industry credit contagion evidence from the credit deflt swap market and the stock market. EFMA 2004 Basel Meetings Paper (2005)
    • (2005) EFMA 2004 Basel Meetings Paper
    • Zhang, G.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.