Financial distress, asset sales, and lender monitoring

Financial distress, asset sales, and lender monitoring
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财务困境、资产出售和贷方监控

DOI:
10.2307/3665808
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发表时间:
1996
影响因子:
2.8
通讯作者:
R. Taffler
R. Taffler
中科院分区:
经济学3区
文献类型:
--
作者:
M. Lasfer;P. Sudarsanam;R. Taffler

文献摘要

被引文献

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在英国,资产剥离的主要好处来自于解决财务困境。这些出售可以最大限度地减少破产的直接和间接成本,从而为剥离公司的股东带来正回报。
In the United Kingdom, the main benefit from divestitures comes from the resolution of financial distress. These sales can minimize the direct and indirect costs of bankruptcy, which accounts for the positive returns to the divesting firm's shareholders.