Publication Date

1-1-2006

Document Type

Dissertation/Thesis

First Advisor

Jensen, Gerald R.

Degree Name

B.S. (Bachelor of Science)

Department

Department of Finance

Abstract

This study evaluates the specific characteristics attributed to companies that enter Chapter 11 and emerge with their stock intact. While we find no statistically significant characteristics that uniquely identify such firms, the results suggest that a company that is more financially sound is more likely to retain its shareholders. Specifically, firms that emerge from Chapter 11 with their stock intact tend to have a higher return on assets and lower debt ratios.

Extent

20 pages

Language

eng

Publisher

Northern Illinois University

Rights Statement

In Copyright

Rights Statement 2

NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.

Media Type

Text

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