Conference Proceeding

Does Chapter 11 Save Economically Inefficient Firms?

Author: Michelle J. White (University of Michigan, Ann Arbor)

  • Does Chapter 11 Save Economically Inefficient Firms?

    Conference Proceeding

    Does Chapter 11 Save Economically Inefficient Firms?

    Author:

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Abstract

This Article presents a game theoretic model that explains why Type I error may occur in bankruptcy.

Keywords: Corporate finance, United States, Bankruptcy reorganization

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Published on
1994-01-01

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