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| Author: | Eberhart, A. C. Altman, E. I. Aggarwal, R. |
| Title: | The equity performance of firms emerging from bankruptcy |
| Journal: | Journal of Finance
1999 : OCT, VOL. 54:5, p. 1855-1868 |
| Index terms: | Bankruptcy Companies Stock markets Prices Rate of return Financial performance Legislation USA |
| Language: | eng |
| Abstract: | In this study, the stock return performance of 131 firms emerging from Chapter 11 is assessed. The results provide an interesting contrast, but not a contradiction, to previous work that has documented poor operating performance for firms emerging from Chapter 11. |
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