|
Usually ships within 1 to 3 working days
|
- Product code: 19065
- ISBN: 0631225633,
ISBN13: 9780631225638,
576 pages, hardback
Published by Blackwell Publishers on 2001
, 1st Rate this book...
Rating: 0.0/5 (0 votes cast)
|
|
|
|
|
Description of Bankruptcy, Credit Risk and High Yield Junk Bonds |
This is the authoritative collection of the writings of Dr. Edward I. Altman, the world's leading authority on bankruptcy, corporate distress, and defaults, and creator of the widely-used Z-Score model. This book contains both classic and never-before-published articles, along with Altman's comprehensive introduction that places all the articles in context. The four major and related themes explored here are: Distress Prediction Models; Credit Risk Management; High Yield "Junk" Bonds and Distressed Securities; and, Bankruptcy and Firm Valuation. These articles span more than 30 years of contributions to scholarly and professional publications and for government regulatory and policy considerations. Altman's pioneering works have formed the basis for modern credit risk management procedures and policies by practitioners and regulators, and have motivated and guided works from other scholars around the globe.
|
Contents of Bankruptcy, Credit Risk and High Yield Junk Bonds |
Foreword from J. Fred Weston
Preface
Introduction: Corporate Bankruptcy and Financial Markets - An Overview
PART I: Distress Prediction Models and Some Applications
1. Predicting Financial Distress of Companies: Revisiting the Z-Score and Zeta® Models
2. Introducing Recursive Partitioning for Financial Classification: The Case of Financial Distress: with Halina Frydman and Duen-Li Kao
3. Corporate Distress Diagnosis: Comparisons Using Linear Discriminant Analysis and Neural Networks (The Italian Experience): with Giancarlo Marco and Franco Varetto
4. Business Failure Classification Models: An International Survey: with Paul Narayanan
5. Emerging Market Corporate Bonds: A Scoring System: with John Hartzell and Matthew Peck
6. Managing a Return to Financial Health: with James K. La Fleur
7. Valuation, Loss Reserves, and Pricing of Commercial Loans
8. An Economic and Statistical Analysis of The Failing Company Doctrine: with Laurie S. Goodman
PART II: Credit Risk Management
9. Credit-Risk Measurement and Management: The Ironic Challenge in the Next Decade: with John B. Caouette and Paul Narayanan
10. Credit Risk Management: Developments Over the Last 20 Years: with Anthony Saunders
11. Measuring Corporate Bond Mortality and Performance
12. Default Rates in the Syndicated Bank Loan Market: A Mortality Analysis: with Heather J. Suggitt
13. Almost Everything You Wanted to Know About Recoveries on Defaulted Bonds: with Vellore M. Kishore
14. Do Seniority Provisions Protect Bondholders' Investments?: with Allan C. Eberhart
15. Aggregate Influences on Business Failure Rates
16. An Analysis and Critique of the BIS Proposal on Capital Adequacy and Ratings: with Anthony Saunders
PART III: High Yield "Junk" Bonds and Distressed Securities
17. The Default Rate Experience on High-Yield Corporate Debt: with Scott A. Nammacher
18. A Yield Premium Model for the High-Yield Debt Market: with Joseph C. Bencivenga
19. Should We Regulate Junk Bonds?
20. The High Yield Bond Market: A Decade of Assessment, Comparing 1990: with 2000
21. The Implications of Corporate Bond Ratings Drift: with Duen-Li Kao
22. Investing in Distressed Securities: The Anatomy of Defaulted Debt and Equities
23. Defaults and Returns on High Yield Bonds: Analysis Through 2000 and Default Outlook: with Brenda Karlin
24. Market Size and Investment Performance of Defaulted Bonds and Bank Loans: 1987–2000: with Keith Cyrus
PART IV: Bankruptcy and Firm Valuation
25. A Further Empirical Investigation of the Bankruptcy Cost Question
26. Firm Valuation and Corporate Leveraged Restructurings: with Roy C. Smith
27. Evaluating the Chapter 11 Bankruptcy-Reorganization Process
28. Financial Distress and Restructuring Models: with Yehning Chen and J. Fred Weston
Index
|
About Edward Altman |
Edward I. Altman is the Max L. Heine Professor of Finance at the Leonar N. Stern School of Business, New York University. Since 1990, he has directed the research effort in Fixed Income and Credit Markets at the NYU Salomon Center and is currently the Vice-Director of the Center. Professor Altman is the current editor of the Handbook of Corporate Finance and the Handbook of Financial Markets and Institutions.
|
Buyers of this product also bought
Bulk buying
| If you need bulk copies of Bankruptcy, Credit Risk and High Yield Junk Bonds, or are interested in opening a corporate account, please contact us. |
|
Shopping basket