Title: Corporate financial distress and bankruptcy : a complete guide to predicting & avoiding distress and profiting from bankruptcy /
Authors: Altman, Edward I., 1941-
Publisher: Wiley,
Year: 1993
Subjects: Bankruptcy United States
Abstract: The number of billion-dollar-plus firms filing for bankruptcy in the 1981 to 1983 recession was seven. Thirty-three filed from 1988 to 1992! Predicting, avoiding, managing, and profiting from corporate distress has never been bigger business. Leading international authority Edward I. Altman's Second Edition of Corporate Financial Distress and Bankruptcy describes a vast range of tools and techniques for anticipating financial crisis...managing turnarounds...and dealing with the complex legal, accounting, and investment consequences of bankruptcy.^
Contents: Pt. 1. The Legal, Economic, and Investment Dimensions of Corporate Bankruptcy and Distressed Restructurings -- Ch. 1. Corporate Distress: Introduction and Statistical Background -- Ch. 2. Evolution of the Bankruptcy Process -- Ch. 3. Evaluating the Chapter 11 Bankruptcy-Reorganization Process -- Ch. 4. Emerging Trends in Bankruptcy Reorganization -- Ch. 5. Risks and Returns in the High-Yield "Junk" Bond Market -- Ch. 6. Firm Valuation and Corporate Leveraged Restructuring -- Ch. 7. Investing in Distressed Securities -- Pt. 2. Techniques for the Classification and Prediction of Financial Distress and Their Applications -- Ch. 8. Classifying and Predicting Corporate Distress: The Z-Score Models -- Ch. 9. Zeta Analysis and Other Attempts to Classify and Predict Business Failures -- Ch. 10. Application of Distress Prediction Models and Mortality Concepts in Banking -- Ch. 11. Distress Prediction Models: Catalysts for Constructive Change -- Managing a Financial Turnaround -- Ch. 12. Distress Classification Models for Non-U.S. Countries (A Bibliography) -- Pt. 3. Understanding the Bankruptcy Reorganization Process (Case Studies) -- Ch. 13. The Duplan Corporation Case -- Ch. 14. Wheeling Pittsburgh Steel Corporation.