Does Industry-Wide Distress Affect Defaulted Firms? Evidence from Creditor Recoveries

[1]  I. Welch,et al.  The Costs of Bankruptcy: Chapter 7 Liquidation versus Chapter 11 Reorganization , 2006 .

[2]  Yuhang Xing,et al.  Default Risk in Equity Returns , 2004 .

[3]  Jeffrey M. Wooldridge,et al.  Solutions Manual and Supplementary Materials for Econometric Analysis of Cross Section and Panel Data , 2003 .

[4]  Dilip B. Madan,et al.  Pricing the risk of recovery in default with absolute priority rule violation , 2003 .

[5]  Timothy J. Riddiough,et al.  Theory and Evidence on the Resolution of Financial Distress , 2003 .

[6]  Andrea Resti,et al.  The Link between Default and Recovery Rates: Theory, Empirical Evidence and Implications , 2003 .

[7]  B. Eckbo,et al.  Overbidding versus Fire-Sales in Bankruptcy Auctions , 2002 .

[8]  Robert Jarrow,et al.  Default Parameter Estimation Using Market Prices , 2001 .

[9]  Dilip B. Madan,et al.  Pricing the Risk of Recovery in Default with Apr Violation , 2001 .

[10]  P. Strömberg.  Conflicts of Interest and Market Illiquidity in Bankruptcy Auctions: Theory and Tests , 2000 .

[11]  K. Thorburn,et al.  Bankruptcy Auctions: Costs, Debt Recovery, and Firm Survival , 2000 .

[12]  R L Williams,et al.  A Note on Robust Variance Estimation for Cluster‐Correlated Data , 2000, Biometrics.

[13]  Todd C. Pulvino.  Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions , 1998 .

[14]  Ivailo V. Izvorski.  Recovery Ratios and Survival Times for Corporate Bonds , 1997, SSRN Electronic Journal.

[15]  Gregor Andrade,et al.  How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed , 1997 .

[16]  Peter Tufano,et al.  Pricing Credit-Sensitive Debt When Interest Rates, Credit Ratings and Credit Spreads Are Stochastic , 1997 .

[17]  E. Altman,et al.  Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds , 1996 .

[18]  E. Hotchkiss.  Postbankruptcy Performance and Management Turnover , 1995 .

[19]  E. Ofek,et al.  Investor Valuation of the Abandonment Option , 1995 .

[20]  S. Titman,et al.  Financial Distress and Corporate Performance , 1994 .

[21]  Walter N. Torous,et al.  A comparison of financial recontracting in distressed exchanges and chapter 11 reorganizations , 1994 .

[22]  E. Fama,et al.  Common risk factors in the returns on stocks and bonds , 1993 .

[23]  Andrei Shleifer,et al.  Liquidation Values and Debt Capacity: A Market Equilibrium Approach , 1992 .

[24]  R. Sweeney,et al.  Does the Bond Market Predict Bankruptcy Settlements , 1992 .

[25]  D. Scharfstein,et al.  Anatomy of Financial Distress: An Examination of Junk-Bond Issuers , 1991 .

[26]  Lawrence A. Weiss,et al.  Bankruptcy resolution: Direct costs and violation of priority of claims , 1990 .

[27]  Stuart C. Gilson,et al.  Troubled debt restructurings*1: An empirical study of private reorganization of firms in default , 1990 .

[28]  O. Williamson.  Corporate Finance and Corporate Governance , 1988 .

[29]  Jeffrey K. MacKie-Mason.  Do Taxes Affect Corporate Financing Decisions? , 1988 .

[30]  E. Altman.  A Further Empirical Investigation of the Bankruptcy Cost Question , 1984 .

[31]  H. White.  A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity , 1980 .

[32]  H. Scheffé.  A METHOD FOR JUDGING ALL CONTRASTS IN THE ANALYSIS OF VARIANCE , 1953 .

[33]  N. Cipriani,et al.  Collateral Damage , 2008 .

[34]  B. Eckbo,et al.  Overbidding vs fire – sales in automatic bankruptcy auctions , 2002 .

[35]  John H. Frye,et al.  Depressing Recoveries , 2001 .

[36]  Jon Frye,et al.  Collateral damage detected , 2000 .

[37]  Suresh M. Sundaresan,et al.  Design and Valuation of Debt Contracts , 1994 .

[38]  M. Zmijewski.  METHODOLOGICAL ISSUES RELATED TO THE ESTIMATION OF FINANCIAL DISTRESS PREDICTION MODELS , 1984 .

[39]  Rajiv Guha.  Recovery of Face Value at Default : Empirical Evidence and Implications for Credit Risk Pricing , 2022 .