Corporate financial distress and bankruptcy : predict and avoid bankruptcy, analyze and invest in distressed debt 3rd ed
| 000 | 01994camuu22003258a 4500 | |
| 001 | 000045226634 | |
| 005 | 20060201154249 | |
| 008 | 050621s2006 njua b 001 0 eng | |
| 010 | ▼a 2005017835 | |
| 020 | ▼a 9780471691891 (cloth) | |
| 020 | ▼a 0471691895 (cloth) | |
| 035 | ▼a (KERIS)REF000011509284 | |
| 040 | ▼a DLC ▼c DLC ▼d DLC ▼d 211009 | |
| 042 | ▼a pcc | |
| 043 | ▼a n-us--- | |
| 050 | 0 0 | ▼a HG3766 ▼b .A66 2006 |
| 082 | 0 0 | ▼a 658.15 ▼2 22 |
| 090 | ▼a 658.15 ▼b A468c3 | |
| 100 | 1 | ▼a Altman, Edward I. , ▼d 1941-. |
| 245 | 1 0 | ▼a Corporate financial distress and bankruptcy : ▼b predict and avoid bankruptcy, analyze and invest in distressed debt / ▼c Edward I. Altman, Edith Hotchkiss. |
| 250 | ▼a 3rd ed. | |
| 260 | ▼a Hoboken, N.J. : ▼b Wiley , ▼c 2006. | |
| 300 | ▼a 354 p. : ▼b ill. ; ▼c 24 cm. | |
| 440 | 0 | ▼a Wiley finance series |
| 504 | ▼a Includes bibliographical references and index. | |
| 505 | 0 | ▼a Corporate bankruptcy and distress : introduction and statistical background -- Evolution of the bankruptcy process in the US and international comparisons -- Post-chapter 11 performance -- The costs of bankruptcy -- Distressed firm valuation -- Firm valuation and corporate leveraged restructuring -- The high yield bond market : risks and returns for investors and analysts -- Investing in distressed securities -- Risk-return performance of defaulted bonds and bank loans -- Corporate governance in distressed firms -- Techniques for the classification and prediction of corporate financial distress and their applications -- Corporate credit scoring-insolvency risk models -- An emerging market credit scoring system for corporates -- Application of distress prediction models -- Distress prediction models : catalysts for constructive change : managing a financial turnaround -- Estimating recovery rates on defaulted debt. |
| 650 | 0 | ▼a Bankruptcy ▼z United States. |
| 700 | 1 | ▼a Hotchkiss, Edith ▼d 1961- |
| 945 | ▼a KINS |
Holdings Information
| No. | Location | Call Number | Accession No. | Availability | Due Date | Make a Reservation | Service |
|---|---|---|---|---|---|---|---|
| No. 1 | Location Main Library/Education Reserves1/ | Call Number 658.15 A468c3 | Accession No. 111350133 (2회 대출) | Availability Available | Due Date | Make a Reservation | Service |
| No. 2 | Location Science & Engineering Library/Sci-Info(Stacks2)/ | Call Number 658.15 A468c3 | Accession No. 121125242 (1회 대출) | Availability Available | Due Date | Make a Reservation | Service |
| No. | Location | Call Number | Accession No. | Availability | Due Date | Make a Reservation | Service |
|---|---|---|---|---|---|---|---|
| No. 1 | Location Main Library/Education Reserves1/ | Call Number 658.15 A468c3 | Accession No. 111350133 (2회 대출) | Availability Available | Due Date | Make a Reservation | Service |
| No. | Location | Call Number | Accession No. | Availability | Due Date | Make a Reservation | Service |
|---|---|---|---|---|---|---|---|
| No. 1 | Location Science & Engineering Library/Sci-Info(Stacks2)/ | Call Number 658.15 A468c3 | Accession No. 121125242 (1회 대출) | Availability Available | Due Date | Make a Reservation | Service |
Contents information
Book Introduction
A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default
This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.
New feature
Praise for Corporate Financial Distress and Bankruptcy THIRD EDITION
"The masters return! The new edition of this definitive treatment of the markets for distressed and bankrupt debt reflects the dramatic recent changes in the market, including the implications of the amazing episode of defaults that occurred in 2001–2002. The authors continue to provide depth and breadth of coverage, including in-depth analyses of default prediction and recovery in default. The book will be particularly valuable for MBA students and professional investors." —Darrell Duffie, James I. Miller Professor of Finance, Graduate School of Business, Stanford University
"After thirty years of distressed securities investing, I was pleasantly surprised that I learned something new from every chapter of this book. It should be required reading for everyone from students to the most experienced practitioner." —Wilbur L. Ross, Chairman, WL Ross & Co. LLC
"A must-read for business students and professionals involved with corporate bonds or loans. Altman and Hotchkiss do an excellent job of covering a broad range of aspects of corporate distress. The information is indispensable for investors and executives alike." —Allan A. Brown, Cohead of Distressed Debt Trading, Concordia Advisors LLC
"All who work, study, invest, or otherwise find themselves involved with this topic will want to add this book to their library. I certainly will." —Ben Branch, Professor of Finance, Isenberg School of Management, University of Massachusetts
"Corporate Financial Distress and Bankruptcy is an invaluable compendium of methodology, data, and history. The authors do a splendid job of explaining theory to the practitioner and the practical side of bankruptcy to theoreticians." —Martin Fridson, Publisher, Leverage World
"A thorough, comprehensive treatment of corporate financial distress and credit risk by long-standing experts in the field. Invaluable for those involved in fixed-income securities and in distress restructuring." —James C. Van Horne, A.P. Giannini Professor of Banking and Finance, Graduate School of Business, Stanford University
"Altman and Hotchkiss have updated the leading text on bankruptcy, risk-return relationships for distressed debt, and the theory and application of distress prediction models." —J. Fred Weston, Professor of Finance Emeritus, recalled, at The Anderson School at UCLA, and past president of both the American Finance Association and the Financial Management Association International
Information Provided By: :
Table of Contents
Preface.
Acknowledgments.
About the Authors.
PART ONE: The Legal, Economic, and Investment Dimensions of Corporate Bankruptcy and Distressed Restructurings.
Chapter 1: Corporate Distress: Introduction and Statistical Background.
Chapter 2: Evolution of the Bankruptcy Process in the United States and International Comparisons.
Chapter 3: Post–Chapter 11 Performance.
Chapter 4: The Costs of Bankruptcy.
Chapter 5: Distressed Firm Valuation.
Chapter 6: Firm Valuation and Corporate Leveraged Restructuring.
Chapter 7: The High Yield Bond Market: Risks and Returns for Investors and Analysts.
Chapter 8: Investing in Distressed Securities.
Chapter 9: Risk-Return Performance of Defaulted Bonds and Bank Loans.
Chapter 10: Corporate Governance in Distressed Firms.
PART TWO: Techniques for the Classification and Prediction of Corporate Financial Distress and Their Applications.
Chapter 11: Corporate Credit Scoring–Insolvency Risk Models.
Chapter 12: An Emerging Market Credit Scoring System for Corporates.
Chapter 13: Application of Distress Prediction Models.
Chapter 14: Distress Prediction Models: Catalysts for Constructive Change—Managing a Financial Turnaround.
Chapter 15: Estimating Recovery Rates on Defaulted Debt.
References.
Author Index.
Subject Index.
Information Provided By: :