's post-bankruptcy performance following reorganisation. Design/methodology/approach – The study is based on agency theory and … uses a unique sample of 111 filing companies whose reorganisation plans have been confirmed by the Thai Central Bankruptcy … determinants of a firm's post-bankruptcy performance. The key monitoring mechanism is ownership concentration, measured by shares …

This survey provides a synthetic and evaluative survey of issues in corporate financial distress and bankruptcy. This … empirics relating to financial distress, corporate bankruptcy, and the use of apparently cost-effective private mechanisms for … bankruptcy succeeds and fails, and the recent empirics on the subject. The review also grapples with the efficiency of bankruptcy …