Results 211 to 220 of about 239,393 (263)

Anomalies and financial distress

Journal of Financial Economics, 2010
This paper explores commonalities across asset pricing anomalies. In particular, we assess implications of financial distress for the profitability of anomaly-based trading strategies. Strategies based on price momentum, earnings momentum, credit risk, dispersion, idiosyncratic volatility, and capital investments derive their profitability from taking ...
Doron Avramov   +3 more
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The Financially Distressed Hospital

New England Journal of Medicine, 1982
For at least a decade policy makers have been trying to contain health-care costs while maintaining access to care. The "financially distressed" hospital epitomizes the conflict between costs and access that makes this task so difficult. Financial distress or deficits can result from inefficiency and underuse — the very targets of regulatory or ...
J, Hadley, R, Mullner, J, Feder
openaire   +2 more sources

Financial Distress and Health

2015
The fundamental socio-economic effects of economic crises on societies are decreasing income, unemployment and hence, negative progress of living standards, increasing income inequality and poverty. According to the Commission on Social Determinants of Health Report of World Health Organization, crises adversely affect many social determinants of ...
Şahin, Hande, Erkal, Sibel
openaire   +1 more source

Financial Distress and Corporate Performance

The Journal of Finance, 1994
AbstractThis study finds that highly leveraged firms lose substantial market share to their more conservatively financed competitors in industry downturns. Specifically, firms in the top leverage decile in industries that experience output contractions see their sales decline by 26 percent more than do firms in the bottom leverage decile.
Opler, Tim C, Titman, Sheridan
openaire   +1 more source

Financial Distress and Underemployment

The Review of Economic Studies, 1998
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +1 more source

Industrial Sector and Financial Distress

SSRN Electronic Journal, 2006
PurposeA number of authors have noted that industrial sector is a significant factor in the design and construction of failure prediction models, suggesting that organisational structures dictate the construction of separate models for different sectors.
Malcolm Smith, Dah‐Kwei Liou
openaire   +1 more source

The Resolution of Financial Distress

Review of Financial Studies, 1989
Most models of financial structure embody an assumption about financial distress that causes debt to be costly to the issuing firm. This approach has been criticized on the grounds that the assumed costs could be avoided by a costless financial reorganization.
openaire   +2 more sources

Leveraged Buyouts and Financial Distress

SSRN Electronic Journal, 2019
Abstract Do leveraged buyout transactions increase the chance of bankruptcy? While corporate finance theory predicts that such sharp changes in capital structure increase financial distress costs by raising the probability of bankruptcy, previous studies fail to measure the effect.
Brian Ayash, Mahdi Rastad
openaire   +1 more source

Advance Selling to Ease Financial Distress

Management Science, 2020
Left unable to provide service during the COVID-19 pandemic, many small businesses have experimented with alternative ways of generating income. One approach that has gained traction is the use of advance selling, whereby the firm asks consumers in its local community to support the business by paying in advance for consumption at a future date.
Yiangos Papanastasiou   +2 more
openaire   +1 more source

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