Corporate financial distress, restructuring, and bankruptcy: analyze leveraged finance, distressed debt, and bankruptcy /

"Sales handles: - Altman is a thought leader in bankruptcy analysis and credit default, and creator of the famous Z-Score Model. Tradeable credit-based financial instruments are now a $1 trillion market, and one of the most profitable areas of investment for many institutional investors and ban...

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Bibliographic Details
Main Authors: Altman, Edward I., 1941-
Corporate Authors: Wiley Online Library (Online service)
Group Author: Hotchkiss, Edith, 1961-; Wang, Wei
Published: Wiley,
Publisher Address: Hoboken, New Jersey :
Publication Dates: [2019]
Literature type: eBook
Language: English
Edition: Fourth Edition.
Series: Wiley finance
Subjects:
Online Access: https://onlinelibrary.wiley.com/doi/book/10.1002/9781119541929
Summary: "Sales handles: - Altman is a thought leader in bankruptcy analysis and credit default, and creator of the famous Z-Score Model. Tradeable credit-based financial instruments are now a $1 trillion market, and one of the most profitable areas of investment for many institutional investors and banks in the last year. Book exploits this hot trend. - Content will be brought up to date on state-of-the-art techniques for analyzing and predicting bankruptcies. Additional scholarly content should make the book more attractive to the growing number of academics who may be considering teaching a course in this area. - Update on current developments in bankruptcy law and practice. New bankruptcy cases studies. Market description: Risk managers, derivative dealers and marketers, and quants at financial institutions and insurance companies. Institutional investors and hedge funds. Professors and students"--
"A comprehensive look at the enormous growth and evolution of distressed debt markets, corporate bankruptcy, and credit risk models This Fourth Edition of the most authoritative finance book on the topic updates and expands its discussion of financial distress and bankruptcy, as well as the related topics dealing with leveraged finance, high-yield, and distressed debt markets. It offers state-of-the-art analysis and research on U.S. and international restructurings, applications of distress prediction models in financial and managerial markets, bankruptcy costs, restructuring outcomes, and more"--
Item Description: Description based on print version record.
Revised edition of Corporate financial distress and bankruptcy, c2006.
Carrier Form: 1 online resource (xvi, 349 pages) : illustrations.
Also available in print.
Bibliography: Includes bibliographical references and index.
ISBN: 9781119541929 (electronic bk.)
9781119481850
9781119481812
9781119481805
Index Number: HG3766
CLC: F279.712.14
Contents: Machine generated contents note: About the Authors Acknowledgments Preface Part I: The Economic and Legal Framework of Corporate Restructuring and Bankruptcy Chapter 1: Corporate Financial Distress: Introduction and Statistical Background Chapter 2: An Introduction to Leveraged Finance Chapter 3: An Overview of the U.S. Bankruptcy Process Chapter 4: Restructuring Out-Of-Court and the Cost of Financial Distress Chapter 5: Distressed Firm Valuation Chapter 6: Corporate Governance in Distressed Firms Chapter 7: Bankruptcy Outcomes Chapter 8: International Evidence Part II: High Yield Debt, Prediction of Corporate Distress, and Distress Investing Chapter 9: The High Yield Bond Market: Risks and Returns for Investors and Analysts Chapter 10: A 50-Year Retrospective on Credit Risk Models, the Altman Z-Score Family of Models and Their Applications to Financial Markets and Managerial Strategies Chapter 11: Applications of Distress Prediction Models: By External Analysts Chapter 12: Distress Prediction Models: Catalysts for Constructive Change - Managing a Financial Turnaround Chapter 13: A Bottom-Up Approach to Assessing Sovereign Default Risk Chapter 14: Anatomy of the Distressed Debt Markets Chapter 15: Investing in Distressed Firm Securities Chapter 16: Modeling and Estimating Recovery Rates Index.