How costly is financial (not economic) distress?
Subtitle: evidence from highly leveraged transactions that became distressed
By: Gregor Andrade, Steven N. Kaplan.
Contributors: Kaplan, Steven N.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 6145; Working paper series (National Bureau of Economic Research) -- working paper no. 6145.
Publisher: National Bureau of Economic Research
Published: 1997
Place of publication: Cambridge, MA
Language: eng
Number of pages: 44
Subjects: Leveraged buyouts -- Econometric models.; Business failures -- Econometric models.; Financial leverage.; Finance.; Corporations -- Finance.
Notes: "August 1997."

Includes bibliographical references (p. 27-29).

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Supported by the Lynde and Harry Bradley Foundation and the Olin Foundation