Showing 41 - 50 of 416
Debt with many creditors is analyzed in a continuous-time pricing model of the levered firm. We specifically allow for debtor opportunism vis-a-vis a non-coordinated group of creditors, in form of repeated strategic renegotiation offers and default threats. We show that the creditors' initial...
Persistent link: https://www.econbiz.de/10005775372
Persistent link: https://www.econbiz.de/10005775373
Persistent link: https://www.econbiz.de/10005775374
Persistent link: https://www.econbiz.de/10005775375
Persistent link: https://www.econbiz.de/10005775376
Persistent link: https://www.econbiz.de/10005775377
Persistent link: https://www.econbiz.de/10005775378
Persistent link: https://www.econbiz.de/10005775379
Persistent link: https://www.econbiz.de/10005775380
Persistent link: https://www.econbiz.de/10005775381