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Inter-Firm Linkages and the Wealth Effects of Financial Distress Along the Supply Chain
Extant research examines the extent to which bankruptcy has intra-industry valuation consequences. This study broadens the investigation by examining the wealth effects of distress and bankruptcyExpand
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Chapter 11: Duration, Outcome, and Post-Reorganization Performance
We find that among firms that file Chapter 11 those that are smaller have better operating performance, and are in higher operating margin industries spend less time in Chapter 11. Firms are moreExpand
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Financial Restructuring in Fresh‐Start Chapter 11 Reorganizations
We find that firms substantially reduce their debt burden in “fresh-start” Chapter 11 reorganizations, yet they emerge with higher debt ratios than what is typical in their respective industries.Expand
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Improved method of laser thermal keratoplasty to overcome presbyopia
Optimal keratoplasty (Opti-K®) is an improved method of laser thermal keratoplasty (LTK) that is performed using a continuous wave (cw) laser for anterior stromal heating together with a sapphireExpand
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Misinformation: A Threat to the Public's Health and the Public Health System.
Financial Restructuring in Fresh-Start Chapter 11 Reorganizations
We find that firms substantially reduce their debt burden in “fresh-start” Chapter 11 reorganizations, yet they emerge with higher debt ratios than what is typical in their respective industries.Expand
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Capital Structure and the (Changing?) Role of Off-Balance-Sheet Lease Financing
Using trend regression analysis, we demonstrate the remarkable increase in operating (off-balance-sheet) lease financing and simultaneous decrease in use of capital (onbalance-sheet) leases over theExpand
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