Providing theoretical and practical insight, Distressed Debt Analysis: Strategies for
Speculative Investors presents a conceptual, but not overly technical, outline of the financial …

The hitherto dominant paradigm in financial market research, the Efficient Market Hypothesis
(EMH), has been put on trial recently and subjected to critical re-examination. The …

Since financial myths exploded in the 1980s, the perspective of time creates a unique
opportunity to update and expand the analysis begun in Glenn Yago's 1991 book, Junk …

Several recent articles in the popular press have focused on the market valuation of
bankrupt stocks. The apparently unrealistically high positive prices have been pointed out as …

Management should end the costly search for their cost of capital in view of the confluence
of several interrelated conceptual and practical reasons. The universally used definition is …

This dissertation uses the option valuation framework to identify and investigate the factors
affecting the cross-sectional differences in individual corporate bonds' default risk. The dollar …

The leveraged buyout boom of the 1980s has fuelled unprecedented defaults and
significantly contributed to the growth of distressed securities market in the late 1980s and …

Em 1970, Fama apresenta as fundações do que viria a tornar-se na proposição
fundamental das finanças: a Hipótese dos Mercados Eficientes (HME). De acordo com a …