Jory, Surendranath R.; Madura, Jeff - In: Journal of entrepreneurial finance : JEF ; official … 12 (2007) 2, pp. 1-22
Entrepreneurship is not only used to create a business idea, but also to restructure a business in response to environmental conditions. Firms that issue equity after emerging from bankruptcy are unique in that they exhibit less asymmetric information than other firms that issue equity. They...