Yen, Gili; Li, Jian-Fa - In: Review of Pacific Basin Financial Markets and Policies … 13 (2010) 01, pp. 19-43
This study is to address the estimation of financial distress costs including the deterioration in asset value. A sample of 104 TAIEX-listed financially distressed companies was collected covering the period from 1998 to 2004. As expected, it is found that the TAIEX-listed financially distressed...
