| Accessories By Manufacturer | |
|
|
Email Newsletter
Get info on Sales, Events, New Products, and More!
|
|
|
|
|
| Corporate Financial Distress and Bankruptcy: Predict and Avoid Bankruptcy, Analyze and Invest in Distressed Debt , 3rd Edition | 
enlarge | Authors: Edward I. Altman, Edith Hotchkiss Publisher: Wiley Category: Book
List Price: $100.00 Buy New: $54.70 You Save: $45.30 (45%)
New (15) Used (8) from $54.57
Avg. Customer Rating: 2 reviews Sales Rank: 130344
Media: Hardcover Edition: 3 Number Of Items: 1 Pages: 368 Shipping Weight (lbs): 1.3 Dimensions (in): 9.1 x 6.2 x 1.3
ISBN: 0471691895 Dewey Decimal Number: 658.15 EAN: 9780471691891 ASIN: 0471691895
Publication Date: December 2, 2005 Availability: Usually ships in 1-2 business days Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
|
| Editorial Reviews:
Product Description A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more. Edward I. Altman (New York, NY) is the Max L. Heine Professor of Finance at the Stern School of Business, New York University. He received his MBA and PhD in finance from the University of California, Los Angeles. Edith Hotchkiss (Chester Hill, MA) is Associate Professor of Finance at Boston College. She received her PhD from the Stern School of Business and her BA from Dartmouth College.
|
| Customer Reviews:
Excellent research & source book December 30, 2006 7 out of 7 found this review helpful
High quality data and right up to date (Autumn 2006). The book is helpfully divided into two parts ~ the first half explains many of the useful topics needed to understand restructured debt and corporate distress and the second half gives detailed advice on building or understanding typical models on default probablities and the risk return assessment of distressed debt together with practical examples of valuing distressed companies and their debt. It also includes summaries of the legal implications, but there are much better books on that subject. I thought this was good value for the money.
More relevant than you think. November 16, 2006 5 out of 6 found this review helpful
Most people in the investing world don't read this book. But they should. It's a textbook so not something to breeze through at the beach. However, the techniques described in the book are very applicable to any company, not just those in disress or bankruptcy. In fact I did some work on EMC many years ago when they *appeared* to be growing rapidly but in reality they were getting into trouble. This was way back in the early 1990's when the stock collapsed from $78. Having shared my analysis with Wall Street types at the time I soon found myself there!
The main point is you can use this type of analysis effectively and because most people in general equity investing don't, it just might give you a bit more edge.
|
|
| Site by: Troy Peterson | |