The Effect of Bankruptcy Protection on Investment: Chapter 11 as a Screening Device

• 1 September 1994
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 49  (4) , 1403-1430
• https://doi.org/10.2307/2329191

Abstract

Keywords

• ASYMMETRIC INFORMATION
• INEFFICIENT FIRMS
• DISTRESSED
• BANKRUPTCY PROTECTION
• EQUITY
• SCREENING DEVICE
• DEVICE ASYMMETRIC
• CHAPTER