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Conference Proceeding

Comment

Author: William C. Whitford (Wisconsin Law School.)

  • Comment

    Conference Proceeding

    Comment

    Author:

Abstract

Stuart Gilson, writing sometimes with Michael Vetsuypens, has produced an impressive body of empirically based scholarship documenting extensive creditor control over financially distressed firms.' This work should end the practice of starting an analysis with the assumption that management in financially distressed firms remains loyal to equity interests.

Keywords: Corporate governance, Debtor and creditor, United States

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Published on
1994-01-01