20. Financial Distress and Bankruptcy

  1. H. Kent Baker and
  2. Gerald S. Martin
  1. Kimberly J. Cornaggia

Published Online: 20 DEC 2011

DOI: 10.1002/9781118266250.ch20

Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice

Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice

How to Cite

Baker, H. K. and Martin, G. S. (2011) Financial Distress and Bankruptcy, in Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118266250.ch20

Author Information

  1. Associate Professor of Finance, American University

Publication History

  1. Published Online: 20 DEC 2011
  2. Published Print: 18 APR 2011

ISBN Information

Print ISBN: 9780470569528

Online ISBN: 9781118266250

SEARCH

Keywords:

  • financial distress;
  • optimal capital structure;
  • financing policy;
  • corporate governance;
  • risk management

Summary

This chapter contains sections titled:

  • Introduction

  • Predicting Distress

  • Expected Cost of Distress

  • External Sources of Financial Risk

  • Resolution of Distress

  • Summary and Conclusions

  • Discussion Questions

  • About the Author