MANAGING DEFAULT: SOME EVIDENCE ON HOW FIRMS CHOOSE BETWEEN WORKOUTS AND CHAPTER 11

Authors

  • Stuart C. Gilson

    1. Assistant Professor of Business Administration at the Harvard Business School. His research interests include corporate governance in financially distressed companies and public policy as it bears on corporate reorganizations.*
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  • *

    I am grateful for the helpful comments of Max Holmes, the valuable research assistance of Joe Basset, and the research support provided by the Division of Research of the Harvard Business School.

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