Financial Distress: Lifecycle and Corporate Restructuring

A firm's lifecycle consists of birth, growth, maturity and decline. We examine the strategies that firms choose when facing financial distress and present evidence that these choices are influenced by the corporate lifecycle. This influence is most pronounced in the choice of financial restruct...

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Bibliographic Details
Main Authors: Koh, S., Durand, Robert, Dai, L., Chang, M.
Format: Journal Article
Published: Elsevier BV * North-Holland 2015
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/32734