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Residual Claims in Bankruptcy: An Agency Theory Explanation

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Author Info

  • Daigle, Katherine H
  • Maloney, Michael T

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Bibliographic Info

Article provided by University of Chicago Press in its journal Journal of Law & Economics.

Volume (Year): 37 (1994)
Issue (Month): 1 (April)
Pages: 157-92

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Handle: RePEc:ucp:jlawec:v:37:y:1994:i:1:p:157-92

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Web page: http://www.journals.uchicago.edu/JLE/

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Cited by:
  1. Thomas Eger, 2001. "Bankruptcy Regulations and the New German Insolvency Law from an Economic Point of View," European Journal of Law and Economics, Springer, vol. 11(1), pages 29-46, January.
  2. Kurt Rotthoff, 2012. "Bankruptcy behavior in the NFL: does the overtime structure change the strategy of the game?," Journal of Economics and Finance, Springer, vol. 36(3), pages 662-674, July.
  3. Fisher, Timothy C G & Martel, Jocelyn, 1999. "Should We Abolish Chapter 11? Evidence from Canada," The Journal of Legal Studies, University of Chicago Press, vol. 28(1), pages 233-57, January.
  4. Couwenberg, Oscar & Lubben, Stephen J., 2013. "Solving creditor problems in the twilight zone: Superfluous law and inadequate private solutions," International Review of Law and Economics, Elsevier, vol. 34(C), pages 61-76.
  5. Kalay, Avner & Zender, Jaime F., 1997. "Bankruptcy, Warrants, and State-Contingent Changes in the Ownership of Control," Journal of Financial Intermediation, Elsevier, vol. 6(4), pages 347-379, October.
  6. John F. Crean, 2009. "Credit Risk, Default Loss, and the Economics of Bankruptcy," Working Papers tecipa-354, University of Toronto, Department of Economics.
  7. Pryshchepa, Oksana & Aretz, Kevin & Banerjee, Shantanu, 2013. "Can investors restrict managerial behavior in distressed firms?," Journal of Corporate Finance, Elsevier, vol. 23(C), pages 222-239.
  8. Jochen Bigus & Thomas Eger, 2004. "Insolvenzrecht zwischen privatautonomer Gestaltung und öffentlicher Regulierung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 5(2), pages 193-209, 05.
  9. Bergman, Yaacov & Callen, Jeffrey L., 1995. "Rational deviations from absolute priority rules," International Review of Financial Analysis, Elsevier, vol. 4(1), pages 1-18.
  10. Detragiache, Enrica, 1995. "Adverse selection and the costs of financial distress," Journal of Corporate Finance, Elsevier, vol. 1(3-4), pages 347-365, April.

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