Liquidation vs. Continuation: Did Reorganized Firms Do the Right Thing?

Preprint

1 January 1998

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.46902

Abstract

Bankrupt firms should reorganize if the wealth created by continuing is expected to exceed the wealth that would be created by liquidating. We examine 88 firms

Keywords

SSRN
LIQUIDATION VS. CONTINUATION: DID REORGANIZED FIRMS DO THE RIGHT THING?
MICHAEL J. ALDERSON
BRIAN L. BETKER

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