Investing in Distressed Situations: A Market Survey
Investing in Distressed Situations: A Market Survey
复制标题
投资困境:市场调查
DOI:
10.2469/faj.v51.n6.1946
复制
发表时间:
1995
影响因子:
2.8
通讯作者:
Stuart C. Gilson
中科院分区:
文献类型:
--
作者:
Stuart C. Gilson
The practice of investing in distressed companies is popularly known as “vulture” investing. The risks of investing in this market are highly firm specific and idiosyncratic. Investors who are adept at managing these risks, who understand the legal rules that must be followed in corporate bankruptcy, and who are skilled at identifying or creating value in a distressed situation consistently earn the highest returns in this market.