Bankruptcy risk and made the subject of many research studies that aim to identify the time of the bankruptcy, the … terms of methods known in the literature of assessment and evaluation of bankruptcy risk they are static, functional … in the situation of "public data" or available to all stakeholders. In this article, in order to achieve bankruptcy risk …

Using Ohlson's (1980) measure of bankruptcy risk (O-Score), Dichev (1998, The Journal of Finance 53, 1131 …−1147) documents a bankruptcy risk anomaly in which firms with high bankruptcy risk earn lower than average returns. This study first … demonstrates that the negative association between bankruptcy risk and returns does not generalize to alternative measure of …

valuation model where uncertainty, in particular, bankruptcy risk, is explicitly included. At the end of each year, there is a … also contains a discussion of where the bankruptcy risk is concealed in traditional firm valuation. The good news is that … bankruptcy risk can actually be included in traditional firm valuation, at least approximately, by forecasting expected growth …

industry. We look at how conditional conservatism affects insolvency risk and the financial strength rating of property … board oversight of internal risk management. Our result provides evidence that complying with additional disclosure …

bankruptcy risk. We further find that the mitigating effect of accounting conservatism on bankruptcy risk functions via cash … regulation, financial risk management, and helps explain conservatism's longstanding presence as a pervasive feature of financial …

outstanding debt via a credit default swap (CDS). The onset of CDS trade thus accelerates client bankruptcy. We predict that the …

declaring bankruptcy, in other words debt relief, for debtors who are unable to repay their debt has been in action since 2008 …

-Packaged-Plan ; Eigenverwaltung ; insolvency ; bankruptcy code ; liquidation ; liquidator ; insolvency plan ; chapter 11 plan ; Pre-Packaged-Plan …

assessments of default risk. We find that these frictions decrease the usefulness of equity-market variables for identifying … improves the accuracy of default-risk assessments in the presence of pessimistic-trading frictions, particularly where a …-trading frictions is a reduction in the accuracy of default-risk assessments based on publicly available sources of information. Using …