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The impact of receiving debtor-in-possession financing on the probability of successful emergence and time spent under Chapter 11 bankruptcy

Authors :
Elayan, Fayez A.
Meyer, Thomas O.
Source :
Journal of Business Finance and Accounting. Sept-Oct, 2001, Vol. 28 Issue 7-8, p905, 38 p.
Publication Year :
2001

Abstract

Debtor-in-possession financing following Chapter 11 bankruptcy is found to elevate return on equity, reduce time spent in bankruptcy, and decrease the probability of liquidation.

Details

ISSN :
0306686X
Volume :
28
Issue :
7-8
Database :
Gale General OneFile
Journal :
Journal of Business Finance and Accounting
Publication Type :
Academic Journal
Accession number :
edsgcl.82619111