haku: @indexterm Turnover / yhteensä: 171
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| Tekijä: | Hotchkiss, E. |
| Otsikko: | Postbankruptcy performance and management turnover |
| Lehti: | Journal of Finance
1995 : MAR, VOL. 33:1, p. 3-22 |
| Asiasana: | MANAGEMENT TURNOVER FINANCE |
| Kieli: | eng |
| Tiivistelmä: | This article examines the performance of 197 public companies that emerged from Chapter 11. Over 40 percent of the sample firms continue to experience operating losses in the three years following bankruptcy; 32% reenter bankruptcy or privately restructure their debt. The continued involvement of prebankruptcy management in the restructuring process is strongly associated with poor postbankruptcy performance. |
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