regulators. Prior research suggests that firms increase their financial leverage, and thus their probability of bankruptcy and … expected bankruptcy costs, in order to mitigate the severity of binding price ceilings. Although financial leverage can be … insurers as well as the probability of bankruptcy, the non-selection probability. …

over-allocated. Demand for water exceeds the available supply. Essentially, the water economy is bankrupt. Bankruptcy … of the paper is that the connection between the bankruptcy literature, which has recently also realized the importance of …

We use data from the US airline industry to investigate whether firms that are under bankruptcy protection, as well as … delays and cancelations are less frequent during bankruptcy filings but return to their pre-bankruptcy levels once the … bankrupt firm emerges from bankruptcy. We also find that firms use Chapter 11 filings to permanently reduce the age of their …

We investigate the effects of Chapter 11 bankruptcy filings on product market competition using data from the US …-specific prices while under bankruptcy protection, and increase them after emerging. We do not find robust evidence of significant … hypothesis that bankruptcy is the result of a war of attrition over capacity and network cutbacks. …

bankruptcy proceeding in these countries are outlined. …

This paper is a critical review of the variable selection methods used to build empirical bankruptcy prediction models … thus the accuracy of the predictions. We first analyze those variables that are considered the best bankruptcy predictors …

This paper aims to identify the financial ratios that are most significant in bankruptcy prediction for the non … examined for a five-year period prior bankruptcy. The discriminant analysis produced a parsimonious model of three variables …