Types of bankruptcy

Do size and diversification type matter? An examination of post-bankruptcy outcomes.: An article from: Journal of Managerial Issues [HTML] (Digital)
by David D. Dawley, James J. Hoffman, Erich N. Brockman

Book Description
This digital document is an article from Journal of Managerial Issues, published by Pittsburg State University - Department of Economics on December 22, 2003. The length of the article is 6664 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: Bankruptcy is a costly endeavor and the probability of surviving the process is low. While much of the previous research on bankruptcy has examined antecedent conditions leading to organizational demise, this study takes a different tack by examining the effect of diversification type (i.e., related versus unrelated diversification) and organizational size on postbankruptcy outcomes for firms that emerge from Chapter 11. Both diversification type and organizational size were found to affect probability of recovery and recovery time for firms emerging from bankruptcy protection. More importantly, it was found that size moderates the relationship between diversification type and probability of recovery.

Book content keywords : Types of bankruptcy, Recovery, Postbankruptcy