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Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_restud_rdaa091

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

About this item

Full title

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

Publisher

Oxford University Press

Journal title

The Review of economic studies, 2021-10, Vol.88 (5 (322)), p.2239-2274

Language

English

Formats

Publication information

Publisher

Oxford University Press

More information

Scope and Contents

Contents

In this article, we ask how bankruptcy law affects the financial decisions of corporations and its implications for firm dynamics. According to current U.S. law, firms have two bankruptcy options: Chapter 7 liquidation and Chapter 11 reorganization. Using Compustat data, we first document capital structure and investment decisions of non-bankrupt,...

Alternative Titles

Full title

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_crossref_primary_10_1093_restud_rdaa091

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_restud_rdaa091

Other Identifiers

ISSN

0034-6527

E-ISSN

1467-937X

DOI

10.1093/restud/rdaa091

How to access this item