Partington, Graham; Russel, Philip; Stevenson, Max; … - In: Managerial Finance 27 (2001) 4, pp. 78-96
Reviews previous research on predicting financial distress and the effects of US Chapter 11 bankruptcy (C11B); and explains how survival analysis and Cox’s (1972) proportional hazards model can be used to estimate the financial outcome for the shareholders of C11B. Reduces a previous data set...