We thank Sheridan Titman, Andres Almazan, Maximiliano González, Jay Hartzell, Ross Jennings, Robert Parrino, Roberto Wessels, and the seminar participants at the University of Texas at Austin, IAE Business School—Universidad Austral, the Instituto de Estudios Superiores de Administración—IESA, the Pontificia Universidad Católica de Chile, and the 2006 Global Finance Conference in Rio. Carlos A. Molina thanks financial support from Fondecyt Program-Chile (project 1051021). Valuable suggestions from William G. Christie (the Editor) and an anonymous referee have also significantly improved the paper. Part of this research was conducted while Carlos A. Molina was at the Pontificia Universidad Católica de Chile and Lorenzo A. Preve was at the University of Texas at Austin. All the remaining errors are our own.
Trade Receivables Policy of Distressed Firms and Its Effect on the Costs of Financial Distress
Article first published online: 2 SEP 2009
© 2009 Financial Management Association International
Volume 38, Issue 3, pages 663–686, Autumn 2009
How to Cite
Molina, C. A. and Preve, L. A. (2009), Trade Receivables Policy of Distressed Firms and Its Effect on the Costs of Financial Distress. Financial Management, 38: 663–686. doi: 10.1111/j.1755-053X.2009.01051.x
- Issue published online: 2 SEP 2009
- Article first published online: 2 SEP 2009
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