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Comparison of US Bankrupt Firms Values Derived from Reorganization Plans with Values Achieved on Capital Markets
[Srovnání hodnot amerických insolventních firem odhadnutých podle restrukturalizačního plánu s hodnotami na kapitálovém trhu]

Author

Listed:
  • Pavla Maříková

Abstract

The contribution describes and discuses an interesting study that examines differences between firms' values estimated using valuation methods and their market values based on stock prices achieved on capital markets. The research was made on a sample of firms that reorganize under the Bankruptcy Code. The contribution underlines some chosen aspects and also some possible problems of the study.

Suggested Citation

  • Pavla Maříková, 2007. "Comparison of US Bankrupt Firms Values Derived from Reorganization Plans with Values Achieved on Capital Markets [Srovnání hodnot amerických insolventních firem odhadnutých podle restrukturalizační," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2007(1), pages 65-69.
    • Handle: RePEc:prg:jnlcfu:v:2007:y:2007:i:1:id:211:p:65-69
    DOI: 10.18267/j.cfuc.211
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    References listed on IDEAS

    as
    1. Gilson, Stuart C & Hotchkiss, Edith S & Ruback, Richard S, 2000. "Valuation of Bankrupt Firms," Review of Financial Studies, Society for Financial Studies, vol. 13(1), pages 43-74.
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    More about this item

    Keywords

    Value; Business valuation; Bankrupt firm; Hodnota; Oceňování podniku; Insolventní firma;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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