Research classified by Journal of Economic Literature (JEL) codes

2012

• Restrepo, Diana & Correia, Ricardo & Población, Javier, 2012, "Political risk and corporate investment decisions," DEE - Working Papers. Business Economics. WB, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa, number 13114, Jan.
• Hamoto, Azad & Correia, Ricardo, 2012, "A theoretical analysis of the stages and events experienced by financially distressed firms," DEE - Working Papers. Business Economics. WB, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa, number 13115, Jan.
• Bali, Turan G. & Cakici, Nusret & Chabi-Yo, Fousseni, 2012, "Does Aggregate Riskiness Predict Future Economic Downturns?," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2012-09, May.
• Araujo, Aloisio P. & Ferreira, Rafael V.X. & Funchal, Bruno, 2012, "The Brazilian bankruptcy law experience," Journal of Corporate Finance, Elsevier, volume 18, issue 4, pages 994-1004, DOI: 10.1016/j.jcorpfin.2012.03.001.
• Ciliberto, Federico & Schenone, Carola, 2012, "Are the bankrupt skies the friendliest?," Journal of Corporate Finance, Elsevier, volume 18, issue 5, pages 1217-1231, DOI: 10.1016/j.jcorpfin.2012.07.005.
• Annabi, Amira & Breton, Michèle & François, Pascal, 2012, "Resolution of financial distress under Chapter 11," Journal of Economic Dynamics and Control, Elsevier, volume 36, issue 12, pages 1867-1887, DOI: 10.1016/j.jedc.2012.06.004.
• Yagi, Kyoko & Takashima, Ryuta, 2012, "The impact of convertible debt financing on investment timing," Economic Modelling, Elsevier, volume 29, issue 6, pages 2407-2416, DOI: 10.1016/j.econmod.2012.06.032.
• Breinlich, Holger & Niemann, Stefan & Solomon, Edna, 2012, "Channels of size adjustment and firm performance," Economics Letters, Elsevier, volume 116, issue 2, pages 202-206, DOI: 10.1016/j.econlet.2012.02.020.
• Campello, Murillo & Matta, Rafael, 2012, "Credit default swaps and risk-shifting," Economics Letters, Elsevier, volume 117, issue 3, pages 639-641, DOI: 10.1016/j.econlet.2012.08.013.
• Alexeev, Michael & Kim, Jounghyeon, 2012, "Bankruptcy and institutions," Economics Letters, Elsevier, volume 117, issue 3, pages 676-678, DOI: 10.1016/j.econlet.2012.08.021.
• Ongena, Steven & Tümer-Alkan, Günseli & Westernhagen, Natalja v., 2012, "Creditor concentration: An empirical investigation," European Economic Review, Elsevier, volume 56, issue 4, pages 830-847, DOI: 10.1016/j.euroecorev.2012.02.001.
• du Jardin, Philippe & Séverin, Eric, 2012, "Forecasting financial failure using a Kohonen map: A comparative study to improve model stability over time," European Journal of Operational Research, Elsevier, volume 221, issue 2, pages 378-396, DOI: 10.1016/j.ejor.2012.04.006.
• Dionne, Georges & Laajimi, Sadok, 2012, "On the determinants of the implied default barrier," Journal of Empirical Finance, Elsevier, volume 19, issue 3, pages 395-408, DOI: 10.1016/j.jempfin.2012.03.004.
• Bruneau, C. & de Bandt, O. & El Amri, W., 2012, "Macroeconomic fluctuations and corporate financial fragility," Journal of Financial Stability, Elsevier, volume 8, issue 4, pages 219-235, DOI: 10.1016/j.jfs.2012.02.002.
• Ciliberto, Federico & Schenone, Carola, 2012, "Bankruptcy and product-market competition: Evidence from the airline industry," International Journal of Industrial Organization, Elsevier, volume 30, issue 6, pages 564-577, DOI: 10.1016/j.ijindorg.2012.06.004.
• Bo, Lijun & Song, Renming & Tang, Dan & Wang, Yongjin & Yang, Xuewei, 2012, "Lévy risk model with two-sided jumps and a barrier dividend strategy," Insurance: Mathematics and Economics, Elsevier, volume 50, issue 2, pages 280-291, DOI: 10.1016/j.insmatheco.2011.12.002.
• Mizen, Paul & Tsoukas, Serafeim, 2012, "Forecasting US bond default ratings allowing for previous and initial state dependence in an ordered probit model," International Journal of Forecasting, Elsevier, volume 28, issue 1, pages 273-287, DOI: 10.1016/j.ijforecast.2011.07.005.
• Câmara, António & Popova, Ivilina & Simkins, Betty, 2012, "A comparative study of the probability of default for global financial firms," Journal of Banking & Finance, Elsevier, volume 36, issue 3, pages 717-732, DOI: 10.1016/j.jbankfin.2011.02.019.
• Shimizu, Katsutoshi, 2012, "Bankruptcies of small firms and lending relationship," Journal of Banking & Finance, Elsevier, volume 36, issue 3, pages 857-870, DOI: 10.1016/j.jbankfin.2011.09.016.
• Pu, Xiaoling & Zhao, Xinlei, 2012, "Correlation in credit risk changes," Journal of Banking & Finance, Elsevier, volume 36, issue 4, pages 1093-1106, DOI: 10.1016/j.jbankfin.2011.11.002.
• Huang, Wei & Liu, Qianqiu & Ghon Rhee, S. & Wu, Feng, 2012, "Extreme downside risk and expected stock returns," Journal of Banking & Finance, Elsevier, volume 36, issue 5, pages 1492-1502, DOI: 10.1016/j.jbankfin.2011.12.014.
• Barucci, Emilio & Del Viva, Luca, 2012, "Countercyclical contingent capital," Journal of Banking & Finance, Elsevier, volume 36, issue 6, pages 1688-1709, DOI: 10.1016/j.jbankfin.2012.01.016.
• Bonfim, Diana & Dias, Daniel A. & Richmond, Christine, 2012, "What happens after corporate default? Stylized facts on access to credit," Journal of Banking & Finance, Elsevier, volume 36, issue 7, pages 2007-2025, DOI: 10.1016/j.jbankfin.2012.03.007.
• Huang, Hsing-Hua & Huang, Hongming & Shih, Pai-Ta, 2012, "Real options and earnings-based bonus compensation," Journal of Banking & Finance, Elsevier, volume 36, issue 8, pages 2389-2402, DOI: 10.1016/j.jbankfin.2012.05.002.
• Hertzel, Michael G. & Officer, Micah S., 2012, "Industry contagion in loan spreads," Journal of Financial Economics, Elsevier, volume 103, issue 3, pages 493-506, DOI: 10.1016/j.jfineco.2011.10.012.
• Boone, Audra L. & Ivanov, Vladimir I., 2012, "Bankruptcy spillover effects on strategic alliance partners," Journal of Financial Economics, Elsevier, volume 103, issue 3, pages 551-569, DOI: 10.1016/j.jfineco.2011.10.003.
• Cassell, Cory A. & Huang, Shawn X. & Manuel Sanchez, Juan & Stuart, Michael D., 2012, "Seeking safety: The relation between CEO inside debt holdings and the riskiness of firm investment and financial policies," Journal of Financial Economics, Elsevier, volume 103, issue 3, pages 588-610, DOI: 10.1016/j.jfineco.2011.10.008.
• Ovtchinnikov, Alexei V. & Pantaleoni, Eva, 2012, "Individual political contributions and firm performance," Journal of Financial Economics, Elsevier, volume 105, issue 2, pages 367-392, DOI: 10.1016/j.jfineco.2012.03.007.
• Bae, Kee-Hong & Baek, Jae-Seung & Kang, Jun-Koo & Liu, Wei-Lin, 2012, "Do controlling shareholders' expropriation incentives imply a link between corporate governance and firm value? Theory and evidence," Journal of Financial Economics, Elsevier, volume 105, issue 2, pages 412-435, DOI: 10.1016/j.jfineco.2012.02.007.
• Xu, Jin, 2012, "Profitability and capital structure: Evidence from import penetration," Journal of Financial Economics, Elsevier, volume 106, issue 2, pages 427-446, DOI: 10.1016/j.jfineco.2012.05.015.
• Miyazawa, Shinjiro, 2012, "Optimal borrowing structure: An explanation for the multiplicity of large-share creditors and the differentiation among them," Journal of the Japanese and International Economies, Elsevier, volume 26, issue 3, pages 434-453, DOI: 10.1016/j.jjie.2012.04.002.
• Polsiri, Piruna & Jiraporn, Pornsit, 2012, "Political connections, ownership structure, and financial institution failure," Journal of Multinational Financial Management, Elsevier, volume 22, issue 1, pages 39-53, DOI: 10.1016/j.mulfin.2012.01.001.
• García-Vega, María & Guariglia, Alessandra & Spaliara, Marina-Eliza, 2012, "Volatility, financial constraints, and trade," International Review of Economics & Finance, Elsevier, volume 21, issue 1, pages 57-76, DOI: 10.1016/j.iref.2011.05.003.
• Shibata, Takashi & Tian, Yuan, 2012, "Debt reorganization strategies with complete verification under information asymmetry," International Review of Economics & Finance, Elsevier, volume 22, issue 1, pages 141-160, DOI: 10.1016/j.iref.2011.09.007.
• fernández, María t. Tascón & gutiérrez, Francisco J. Castaño, 2012, "Variables y Modelos Para La Identificación y Predicción Del Fracaso Empresarial: Revisión de La Investigación Empírica Reciente," Revista de Contabilidad - Spanish Accounting Review, Elsevier, volume 15, issue 1, pages 7-58, DOI: 10.1016/S1138-4891(12)70037-7.
• Leonardo Becchetti & Stefano Castriota & Pierluigi Conzo, 2012, "Bank strategies in catastrophe settings: empirical evidence and policy suggestions," Econometica Working Papers, Econometica, number wp43, Jul.
• Eileen Appelbaum & Rosemary Batt, 2012, "A Primer on Private Equity at Work: Management, Employment, and Sustainability," CEPR Reports and Issue Briefs, Center for Economic and Policy Research (CEPR), number 2012-05, Feb.
• Morten Balling, Frank Lierman, Freddy Van den Spiegel, Rym Ayadi and David T. Llewellyn (ed.), 2012, "New Paradigms in Banking, Financial Markets and Regulation?," SUERF Studies, SUERF - The European Money and Finance Forum, number 2012/2, ISBN: ARRAY(0xa9af88b8), May.
• Nadine Levratto & Luc Tessier & Messaoud Zouikri, 2012, "Small, alone and poor: a merciless portrait of insolvent French firms, 2007-2010," Erudite Working Paper, Erudite, number 2012-05.
• Martin Dózsa & Jakub Seidler, 2012, "Debt Contracts and Stochastic Default Barrier," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2012/17, Jun, revised Jun 2012.
• Kartik B. Athreya & Juan M. Sanchez & Xuan S. Tam & Eric Young, 2012, "Bankruptcy and delinquency in a model of unsecured debt," Working Papers, Federal Reserve Bank of St. Louis, number 2012-042, DOI: 10.20955/wp.2012.042.
• Costas Azariadis & Leo Kaas, 2012, "Endogenous credit limits with small default costs," Working Papers, Federal Reserve Bank of St. Louis, number 2012-048, DOI: 10.20955/wp.2012.048.
• Flavia Barsotti, 2012, "Optimal Capital Structure with Endogenous Default and Volatility Risk," Working Papers - Mathematical Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa, number 2012-02, Jan.
• Lopez, Javier & Lanzarini, Laura & Fernandez Bariviera, Aurelio, 2012, "Variable Population Mopso Applied To Medical Visits," Fuzzy Economic Review, International Association for Fuzzy-set Management and Economy (SIGEF), volume 0, issue 1, pages 3-14, May.
• Vigier, Hernan Pedro & Terceño, Antonio, 2012, "Analysis Of The Inconsistency Problem In The Model For Predicting "Diseases" Of Firms," Fuzzy Economic Review, International Association for Fuzzy-set Management and Economy (SIGEF), volume 0, issue 1, pages 73-88, May.
• Breinlich, Holger & Niemann, Stefan & Solomon, Edna, 2012, "Channels of size adjustment and firm performance," Greenwich Papers in Political Economy, University of Greenwich, Greenwich Political Economy Research Centre, number 7944, Feb.
• Catherine Bruneau & Olivier de Bandt & W. Elamri, 2012, "Macroeconomic Fluctuations and Corporate financial Fragility," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number hal-00666757, Dec, DOI: 10.1016/j.jfs.2012.02.002.
• Catherine Bruneau & Olivier de Bandt & W. Elamri, 2012, "Macroeconomic Fluctuations and Corporate financial Fragility," Post-Print, HAL, number hal-00666757, Dec, DOI: 10.1016/j.jfs.2012.02.002.
• Charbel Salloum & Nehme Azoury, 2012, "Corporate Governance and Firms in Financial Distress: Evidence from a Middle Eastern Country," Post-Print, HAL, number hal-01380791, DOI: 10.1504/IJBGE.2012.046102.
• Catherine Bruneau & Olivier de Bandt & W. Elamri, 2012, "Macroeconomic Fluctuations and Corporate financial Fragility," PSE-Ecole d'économie de Paris (Postprint), HAL, number hal-00666757, Dec, DOI: 10.1016/j.jfs.2012.02.002.
• Mohamed Belhaj & Nataliya Klimenko, 2012, "On the Role of External Financing Costs in Optimal Investment Decisions," Working Papers, HAL, number halshs-00793688, Dec.
• Ingrid Groessl & Nadine Levratto, 2012, "International Similarities of Bank Lending Practices and Varieties of Insolvency Laws: a Comparative Analysis of France and Germany," Macroeconomics and Finance Series, University of Hamburg, Department of Socioeconomics, number 201203, Apr.
• Bielecki, T.R. & Cousin, A. & Crépey, S. & Herbertsson, Alexander, 2012, "A Markov Copula Model of Portfolio Credit Risk with Stochastic Intensities and Random Recoveries," Working Papers in Economics, University of Gothenburg, Department of Economics, number 545, Oct.
• Holden, Steinar & Natvig, Gisle James & Vigier, Adrien, 2012, "An Equilibrium Model of Credit Rating Agencies," Memorandum, Oslo University, Department of Economics, number 01/2013, Dec.
• Jacobson, Tor & von Schedvin, Erik, 2012, "Trade Credit and the Propagation of Corporate Failure: An Empirical Analysis," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 263, Aug.
• Alexander Karpov & Semyon Yurkov, 2012, "Generalized bankruptcy problem," HSE Working papers, National Research University Higher School of Economics, number WP BRP 08/FE/2012.
• Hazama, Makoto & Uesugi, Iichiro, 2012, "Measuring the Systemic Risk in Interfirm Transaction Networks," Working Paper Series, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University, number 20, Dec.
• 岩﨑, 一郎 & Iwasaki, Ichiro, 2012, "企業統治と組織淘汰－－世界金融危機とロシア企業－－," Discussion Paper Series, Institute of Economic Research, Hitotsubashi University, number 567, Apr.
• Sebastian Ofumbia Uremadu & Ben-Caleb Egbide & Patrick E. Enyi, 2012, "Working Capital Management, Liquidity and Corporate Profitability Among Quoted Firms in Nigeria Evidence from the Productive Sector," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, volume 2, issue 1, pages 80-97, January.
• Lie-Jane Kao & Po-Cheng Wu & Tai-Yuan Chen, 2012, "Why Do Banks Default When Asset Quality Is High?," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, volume 6, issue 1, pages 83-96.
• Rosiluz Ceballos Povedano, 2012, "Social-Economic Analysis Of A Fishing Cooperativediversity And Sustainability, Aproximacion Socioeconomica En Una Cooperativa De Produccion Pesquera Diversidad Y Sustentabilidad Organizativa," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, volume 5, issue 3, pages 103-118.
• Antonina Modica-Milo & Juan Samuel Baixauli Soler & Susana Alvarez Diez, 2012, "Indicator Of Financial Health Proposal And Its Impact On Probability Of Default, Propuesta De Un Indicador De Salud Financiera Y Su Efecto En La Prediccion Del Fracaso Empresarial," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, volume 5, issue 3, pages 19-40.
• Villeneuve, Stéphane & Warin, Xavier, 2012, "Optimal Liquidity Management and Hedging in the presence of a non predictable investment opportunity," IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse, number 694, Jan.
• Mr. Gianni De Nicolo & Mr. Andrea Gamba & Marcella Lucchetta, 2012, "Capital Regulation, Liquidity Requirements and Taxation in a Dynamic Model of Banking," IMF Working Papers, International Monetary Fund, number 2012/072, Mar.
• Gutiérrez-Lagunes, Mario, 2012, "Desarrollo de las ramas económicas en México periodo 2004-primer semestre 2011," eseconomía, Escuela Superior de Economía, Instituto Politécnico Nacional, volume 0, issue 33, pages 79-104, primer tr.
• Marco Mariani & Elena Pirani & Elena Radicchi, 2012, "Selection dynamics in the manufacturing industry during the crisis years: some evidences based on microdata," Studi e approfondimenti, Istituto Regionale per la Programmazione Economica della Toscana, number 361, Feb.
• Dr. S. Poornima & Theivanayaki M., 2012, "Financial Distress Prediction: Empirical Evidence From Indian Automobile Companies," Journal of Commerce and Trade, Society for Advanced Management Studies, volume 7, issue 1, pages 28-37, April.
• Elena Cristina Baciu, 2012, "General Considerations On The Dissolution And Liquidation Of Romanian Companies," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, volume 4, issue 1, pages 5-11, March.
• Elena Cristina Baciu, 2012, "Evolution Of Insolvency Regulations In Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, volume 4, issue 3a, pages 452-458, September.
• Vikash Gautam, 2012, "Asset Sales by Manufacturing Firms in India," Journal of Quantitative Economics, The Indian Econometric Society, volume 10, issue 1, pages 136-155, January.
• Marianna Succurro, 2012, "Bankruptcy systems and economic performance across countries: some empirical evidence," European Journal of Law and Economics, Springer, volume 33, issue 1, pages 101-126, February, DOI: 10.1007/s10657-009-9138-2.
• Régis Blazy & Bertrand Chopard, 2012, "(Un)secured debt and the likelihood of court-supervised reorganization," European Journal of Law and Economics, Springer, volume 34, issue 1, pages 45-61, August, DOI: 10.1007/s10657-010-9160-4.
• Bart Leyman, 2012, "The uneasy case for rehabilitating small firms under the 1997-reorganization law in Belgium: evidence from reorganization plans," European Journal of Law and Economics, Springer, volume 34, issue 3, pages 533-560, December, DOI: 10.1007/s10657-010-9206-7.
• Chuang-Chang Chang & Miao-Ying Chen, 2012, "Re-examining the investment-uncertainty relationship in a real options model," Review of Quantitative Finance and Accounting, Springer, volume 38, issue 2, pages 241-255, February, DOI: 10.1007/s11156-011-0227-2.
• Wikil Kwak & Yong Shi & Gang Kou, 2012, "Bankruptcy prediction for Korean firms after the 1997 financial crisis: using a multiple criteria linear programming data mining approach," Review of Quantitative Finance and Accounting, Springer, volume 38, issue 4, pages 441-453, May, DOI: 10.1007/s11156-011-0238-z.
• Naohisa Goto & Konari Uchida, 2012, "How do banks resolve firms’ financial distress? Evidence from Japan," Review of Quantitative Finance and Accounting, Springer, volume 38, issue 4, pages 455-478, May, DOI: 10.1007/s11156-011-0235-2.
• Robert Couch & Michael Dothan & Wei Wu, 2012, "Interest Tax Shields: A Barrier Options Approach," Review of Quantitative Finance and Accounting, Springer, volume 39, issue 1, pages 123-146, July, DOI: 10.1007/s11156-012-0282-3.
• Sofie Balcaen & Sophie Manigart & Jozefien Buyze & Hubert Ooghe, 2012, "Firm exit after distress: differentiating between bankruptcy, voluntary liquidation and M&A," Small Business Economics, Springer, volume 39, issue 4, pages 949-975, November, DOI: 10.1007/s11187-011-9342-7.
• Costas Azariadis & Leo Kaas, 2012, "Endogenous Credit Limits with Small Default Costs," Working Paper Series of the Department of Economics, University of Konstanz, Department of Economics, University of Konstanz, number 2012-17, Sep.
• Nobuyuki Teshima, 2012, "Management Ownership and Risk-Shifting Investment," The Japanese Accounting Review, Research Institute for Economics & Business Administration, Kobe University, volume 2, pages 75-85, December.
• Marcin Jaskowski & Michael McAleer, 2012, "Estimating implied recovery rates from the term structure of CDS spreads," KIER Working Papers, Kyoto University, Institute of Economic Research, number 836, Dec.
• Gunnar Grass, 2012, "Model Implied Credit Spreads," Cahiers de recherche, CIRPEE, number 1219.
• Seraj, Soodabeh & Taheri, Mandana, 2012, "Banking Supervision, Based on an Early Warning System, Using CAMEL Ratios and a Logit Model," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, volume 4, issue 12, pages 45-70, September.
• Selcuk Caner & Mehmet Baha Karan, 2012, "Screening Creditworthiness of SME's: The Case of Small Business Assistance in Turkey," Multinational Finance Journal, Multinational Finance Journal, volume 16, issue 1-2, pages 1-20, March - J.
• Yoshiro Miwa, 2012, "Are Japanese Firms Becoming More Independent from Their Banks?: Evidence from the Firm-Level Data of the "Corporate Enterprise Quarterly Statistics," 1994-2009," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, volume 8, issue 4, pages 415-452, August.
• David Vivet, 2012, "Results and financial situation of firms in 2011," Economic Review, National Bank of Belgium, issue iii, pages 69-99, December.
• Kris James Mitchener & Gary Richardson, 2012, "Does "Skin in the Game" Reduce Risk Taking? Leverage, Liability, and the Long-run Consequences of the New Deal Banking Reforms," NBER Chapters, National Bureau of Economic Research, Inc, "The Microeconomics of New Deal Policy".
• Atif R. Mian & Amir Sufi & Francesco Trebbi, 2012, "Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises," NBER Working Papers, National Bureau of Economic Research, Inc, number 17831, Feb.
• Kay Giesecke & Francis A. Longstaff & Stephen Schaefer & Ilya Strebulaev, 2012, "Macroeconomic Effects of Corporate Default Crises: A Long-Term Perspective," NBER Working Papers, National Bureau of Economic Research, Inc, number 17854, Feb.
• Steven Grenadier & Andrey Malenko & Ilya A. Strebulaev, 2012, "Investment Busts, Reputation, and the Temptation to Blend in with the Crowd," NBER Working Papers, National Bureau of Economic Research, Inc, number 17945, Mar.
• Jennifer Brown & David A. Matsa, 2012, "Boarding a Sinking Ship? An Investigation of Job Applications to Distressed Firms," NBER Working Papers, National Bureau of Economic Research, Inc, number 18208, Jul.
• Guillermo Ordoñez, 2012, "The Asymmetric Effects of Financial Frictions," NBER Working Papers, National Bureau of Economic Research, Inc, number 18360, Sep.
• Hui Chen & Yu Xu & Jun Yang, 2012, "Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads," NBER Working Papers, National Bureau of Economic Research, Inc, number 18367, Sep.
• Salnikov, V. & Mogilat, A. & Maslov, I., 2012, "Stress Testing for Russian Real Sector: First Approach," Journal of the New Economic Association, New Economic Association, volume 16, issue 4, pages 46-70.
• Senbet, Lemma W. & Wang, Tracy Yue, 2012, "Corporate Financial Distress and Bankruptcy: A Survey," Foundations and Trends(R) in Finance, now publishers, volume 5, issue 4, pages 243-335, August, DOI: 10.1561/0500000009.
• Cerna Silviu, 2012, "Stabilitatea financiară: provocări teoretice," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 01, March.
• Jing-Zhi Huang & Ming Huang, 2012, "How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk?," The Review of Asset Pricing Studies, Society for Financial Studies, volume 2, issue 2, pages 153-202.
• Efraim Benmelech & Nittai K. Bergman & Ricardo J. Enriquez, 2012, "Negotiating with Labor under Financial Distress," The Review of Corporate Finance Studies, Society for Financial Studies, volume 1, issue 1, pages 28-67.
• Sergei A. Davydenko & Ilya A. Strebulaev & Xiaofei Zhao, 2012, "A Market-Based Study of the Cost of Default," The Review of Financial Studies, Society for Financial Studies, volume 25, issue 10, pages 2959-2999.
• Viral Acharya & Sergei A. Davydenko & Ilya A. Strebulaev, 2012, "Cash Holdings and Credit Risk," The Review of Financial Studies, Society for Financial Studies, volume 25, issue 12, pages 3572-3609.
• Armen Hovakimian & Ayla Kayhan & Sheridan Titman, 2012, "Are Corporate Default Probabilities Consistent with the Static Trade-off Theory?," The Review of Financial Studies, Society for Financial Studies, volume 25, issue 2, pages 315-340.
• Bo Becker & Per Strömberg, 2012, "Fiduciary Duties and Equity-debtholder Conflicts," The Review of Financial Studies, Society for Financial Studies, volume 25, issue 6, pages 1931-1969.
• Baciu Elena Cristina, 2012, "Peculiarities of Romanian Insolvency System," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, volume 0, issue 1, pages 1261-1266, May.
• Dilyana Dimova, 2012, "The Role of Consumer Leverage in Generating Financial Crises," Economics Series Working Papers, University of Oxford, Department of Economics, number 631, Nov.
• Jaros³aw Kaczmarek, 2012, "Construction Elements Of Bankruptcy Prediction Models In Multi–Dimensional Early Warning Systems," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, volume 5, issue 1, pages 136-149, June.
• Katarzyna Kreczmanska-Gigol & Marcin Liberadzki, 2012, "Stepped Coupon Bonds And Restructuring Factoring In Relation To Net Circulating Capital In Companies In Financial Difficulty," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, volume 12, issue 3, pages 5-14, November.
• Douglas J. Cumming, 2012, "Measuring the Effect of Bankruptcy Laws on Entrepreneurship Across Countries," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, volume 16, issue 1, pages 80-86, Spring.
• Joanna Blach & Monika Wieczorek-Kosmala, 2012, "The Ratio Analysis Of Financial Balance And Bankruptcy Risk Of The Silesian Companies In Time Of The Global Financial Crisis," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, volume 7, issue 3, pages 111-126, September, DOI: 10.12775/EQUIL.2012.022.
• Aczél, Ákos & Homolya, Dániel, 2012, "Risks of the indebtedness of the Hungarian local government sector from a financial stability point of view," MPRA Paper, University Library of Munich, Germany, number 40345.
• Porzecanski, Arturo C., 2012, "Behind the Greek default and restructuring of 2012," MPRA Paper, University Library of Munich, Germany, number 42432, Sep.
• Weitzel, Utz & Kling, Gerhard, 2012, "Sold below value? Why some targets accept very low and even negative takeover premiums," MPRA Paper, University Library of Munich, Germany, number 42832, Nov.
• Staszkiewicz, Piotr W., 2012, "Veryfication of the disclosure lemma for Polish broker-dealer market," MPRA Paper, University Library of Munich, Germany, number 44210, Oct.
• du Jardin, Philippe, 2012, "The influence of variable selection methods on the accuracy of bankruptcy prediction models," MPRA Paper, University Library of Munich, Germany, number 44383, Jan.
• Xiao, Tim, 2012, "An Economic Examination of Collateralization in Different Financial Markets," MPRA Paper, University Library of Munich, Germany, number 47105, May.
• Xiao, Tim, 2012, "An Economic Examination of Collateralization in Different Financial Markets," MPRA Paper, University Library of Munich, Germany, number 47371, May.
• Bławat, Bogusław, 2012, "CRI RMI - Nowy model oceny ryzyka wystąpienia trudności finansowych firm
  [CRI RMI - New Approach to Default Probability Calculation]," MPRA Paper, University Library of Munich, Germany, number 49121, Sep, revised Jan 2013.

2011

• Atif Mian & Amir Sufi, 2011, "House Prices, Home Equity-Based Borrowing, and the US Household Leverage Crisis," American Economic Review, American Economic Association, volume 101, issue 5, pages 2132-2156, August.
• Douglas Gale & Piero Gottardi, 2011, "Bankruptcy, Finance Constraints, and the Value of the Firm," American Economic Journal: Microeconomics, American Economic Association, volume 3, issue 2, pages 1-37, May.
• Vincent Reinhart, 2011, "A Year of Living Dangerously: The Management of the Financial Crisis in 2008," Journal of Economic Perspectives, American Economic Association, volume 25, issue 1, pages 71-90, Winter.
• Glen Holman & Ryan Van Breda & Carlos Correia, 2011, "The Use of the Merton Model to Quantify the Default Probabilities of the Top 42 Non-Financial South African Firms," The African Finance Journal, Africagrowth Institute, volume 13, issue Conferenc, pages 1-33.
• Cadot, Julien, 2011, "Collaterals, Bank Monitoring and Performance: the Case of Newly Established Wine Farmers," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania, Agricultural and Applied Economics Association, number 103414, DOI: 10.22004/ag.econ.103414.
• Ph. D. Silviu-Valentin Carstina, 2011, "Financial Analysis Of The Profitability And Risk Of Drug Manufacturers In Romania Under The Influence Of Economic Crisis," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, volume 4, issue 39, pages 61-71, May.
• Lect. Daniel Circiumani Ph. D., 2011, "Ciritics Regariing The Use Of Degree Of Fianancial Leverage In The Evaluation Of Company'S Financial Risk," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, volume 4, issue 39, pages 49-60, May.
• Daniel Goagara & Sorinel Domnisoru & Sorin Vînatoru, 2011, "Assessment And Accounting Informationspecificto Combinationof Entities, Inthecurrent Economiccontext," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, volume 3, issue 39, pages 64-69.
• Daniel Cîrciumaru, 2011, "The Score Models For Analyzing The Bankruptcy Risk. Some Specific Features For The Case Of Romania," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, volume 1, issue 16, pages 153-160, April.
• Javier DE ANDRES & Fernando SÁNCHEZ-LASHERAS & Pedro LORCA & Francisco Javier DE COS JUEZ, 2011, "A Hybrid Device of Self Organizing Maps (SOM) and Multivariate Adaptive Regression Splines (MARS) for the Forecasting of Firms’ Bankruptcy," Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, volume 10, issue 3, pages 351-374, September.
• Claudio Albanese & Damiano Brigo & Frank Oertel, 2011, "Restructuring Counterparty Credit Risk," Papers, arXiv.org, number 1112.1607, Dec, revised May 2012.
• International Association of Deposit Insurers, 2011, "General Guidance for Developing Differential Premium Systems," IADI Guidance Papers, International Association of Deposit Insurers, number 11-10, Oct.
• International Association of Deposit Insurers, 2011, "Cross Border Deposit Insurance Issues Raised by the Global Financial Crisis," IADI Research Papers, International Association of Deposit Insurers, number 11-03, Mar.
• International Association of Deposit Insurers Asia-Pacific Regional Committee, 2011, "Funding Mechanisms of Deposit Insurance Systems in the Asia-Pacific Region," IADI Research Papers, International Association of Deposit Insurers, number 11-07, Jul.
• International Association of Deposit Insurers, 2011, "Evaluation of Deposit Insurance Fund Sufficiency on the Basis of Risk Analysis," IADI Research Papers, International Association of Deposit Insurers, number 11-11, Nov.
• Alessandro Pellegatta, 2011, "New trends in debt restructuring and company recovery plans," BANCARIA, Bancaria Editrice, volume 1, pages 63-75, January.
• Carlos Pérez Montes, 2011, "Optimal capital structure and Regulatory Control," Working Papers, Banco de España, number 1128, Nov.
• Cayssials, J-L. & Servant, F., 2011, "En 2010, les PME bénéficient de la reprise mais diffèrent leurs investissements," Bulletin de la Banque de France, Banque de France, issue 185, pages 1-21.
• J.L. Cayssials. & F. Servant., 2011, "SMEs see a pick-up in business in 2010, but delay investment," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 23, pages 5-33, Autumn.
• ., 2011, "Companies after the crisis – Banque de France seminar, 28 June 2011," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 23, pages 35-44, Autumn.
• ., 2011, "Companies in France in 2010: a mixed picture," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 24, pages 29-68, Winter.
• Charles Yuji Horioka & Shizuka Sekita, 2011, "The Degree of Judicial Enforcement and Credit Markets: Evidence from Japanese Household Panel Data," International Review of Finance, International Review of Finance Ltd., volume 11, issue 2, pages 245-268, June, DOI: j.1468-2443.2010.01123.x.
• Efraim Benmelech & Nittai K. Bergman, 2011, "Bankruptcy and the Collateral Channel," Journal of Finance, American Finance Association, volume 66, issue 2, pages 337-378, April.
• Viral V. Acharya & Douglas Gale & Tanju Yorulmazer, 2011, "Rollover Risk and Market Freezes," Journal of Finance, American Finance Association, volume 66, issue 4, pages 1177-1209, August.
• Murillo Campello & Chen Lin & Yue Ma & Hong Zou, 2011, "The Real and Financial Implications of Corporate Hedging," Journal of Finance, American Finance Association, volume 66, issue 5, pages 1615-1647, October, DOI: j.1540-6261.2011.01683.x.
• Jens Hilscher & Mungo Wilson, 2011, "Credit ratings and credit risk," Working Papers, Brandeis University, Department of Economics and International Business School, number 31, Jun.
• Deakin, S. & Sarkar, P. & Singh, A., 2011, "An End to Consensus? The Selective Impact of Corporate Law Reform on Financial Development," Working Papers, Centre for Business Research, University of Cambridge, number wp423, Jun.
• Giovanni Calice & Christos Ioannidis & Julian Williams, 2011, "Credit Derivatives and the Default Risk of Large Complex Financial Institutions," CESifo Working Paper Series, CESifo, number 3583.
• Luís Miguel Serra Coelho, 2011, "Gambling on the stock market: the case of bankrupt companies," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2011_03.
• Luís Miguel Serra Coelho, 2011, "Does gradual diffusion of information really matters: The bankruptcy case," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2011_12.
• Carlos González-Aguado, 2011, "Interest Rates and Credit Risk," CNMV Working Papers, CNMV- Spanish Securities Markets Commission - Research and Statistics Department, number CNMV Working Papers no. 4.
• Sandra Milena Zambrano Vargas & Gustavo Adolfo Acuna Corredor, 2011, "Estructura de capital. Evolución teórica," Revista Criterio Libre, Universidad Libre - Sede Principal.
• Philippon, Thomas & Schnabl, Philipp, 2011, "Informational Rents, Macroeconomic Rents, and Efficient Bailouts," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 8216, Jan.
• Suarez, Javier & González-Aguado, Carlos, 2011, "Interest Rates and Credit Risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 8398, May.
• Ongena, Steven & Baele, Lieven & Farooq, Moazzam, 2011, "Of Religion and Redemption: Evidence from Default on Islamic Loans," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 8504, Aug.
• Wickens, Michael R., 2011, "A DSGE model of banks and financial intermediation with default risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 8556, Sep.
• Jianjun Miao, 2011, "Optimal Capital Structure and Industry Dynamics," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 440.
• Frank M. Fossen, 2011, "Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 358.
• Frank M. Fossen, 2011, "Insolvenzordnung: Möglichkeit des Neustarts erleichtert Unternehmensgründungen," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 78, issue 5, pages 11-13.
• Frank M. Fossen, 2011, "Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1100.
• Régis Blazy & Bertrand Chopard & Eric Langlais & Ydriss Ziane, 2011, "Personal Bankruptcy Law, Fresh Starts, and Judicial Practice," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2011-15.
• Nadine Levratto & Luc Tessier & Messaoud Zouikri, 2011, "Small, alone and poor: a merciless portrait of insolvent French firms, 2007-2010," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2011-36.
• Gale, Douglas & Gottardi, Piero, 2011, "Bankruptcy, Finance Constraints and the Value of the Firm," Working Papers, University of Pennsylvania, Wharton School, Weiss Center, number 11-09.
• Gale, Douglas & Yorulmazer, Tanju, 2011, "Liquidity Hoarding," Working Papers, University of Pennsylvania, Wharton School, Weiss Center, number 11-33, Mar.
• Mizen, Paul & Tsoukas, Serafeim, 2011, "Forecasting US bond default ratings allowing for previous and initial state dependence in an ordered probit model," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2011-69.
• Sahut, Jean-Michel & Mili, Mehdi, 2011, "Banking distress in MENA countries and the role of mergers as a strategic policy to resolve distress," Economic Modelling, Elsevier, volume 28, issue 1-2, pages 138-146, January.
• Sahut, Jean-Michel & Mili, Mehdi, 2011, "Banking distress in MENA countries and the role of mergers as a strategic policy to resolve distress," Economic Modelling, Elsevier, volume 28, issue 1, pages 138-146, DOI: 10.1016/j.econmod.2010.09.017.
• Chiarella, Carl & Fanelli, Viviana & Musti, Silvana, 2011, "Modelling the evolution of credit spreads using the Cox process within the HJM framework: A CDS option pricing model," European Journal of Operational Research, Elsevier, volume 208, issue 2, pages 95-108, January.
• Löffler, Gunter & Maurer, Alina, 2011, "Incorporating the dynamics of leverage into default prediction," Journal of Banking & Finance, Elsevier, volume 35, issue 12, pages 3351-3361, DOI: 10.1016/j.jbankfin.2011.05.015.
• Acharya, Viral V. & Amihud, Yakov & Litov, Lubomir, 2011, "Creditor rights and corporate risk-taking," Journal of Financial Economics, Elsevier, volume 102, issue 1, pages 150-166, October.
• Benmelech, Efraim & Bergman, Nittai K., 2011, "Vintage capital and creditor protection," Journal of Financial Economics, Elsevier, volume 99, issue 2, pages 308-332, February.
• Acharya, Viral V. & Sundaram, Rangarajan K. & John, Kose, 2011, "Cross-country variations in capital structures: The role of bankruptcy codes," Journal of Financial Intermediation, Elsevier, volume 20, issue 1, pages 25-54, January.
• Huang, Rocco & Ratnovski, Lev, 2011, "The dark side of bank wholesale funding," Journal of Financial Intermediation, Elsevier, volume 20, issue 2, pages 248-263, April.
• Gross, Tal & Notowidigdo, Matthew J., 2011, "Health insurance and the consumer bankruptcy decision: Evidence from expansions of Medicaid," Journal of Public Economics, Elsevier, volume 95, issue 7-8, pages 767-778, August.
• Gross, Tal & Notowidigdo, Matthew J., 2011, "Health insurance and the consumer bankruptcy decision: Evidence from expansions of Medicaid," Journal of Public Economics, Elsevier, volume 95, issue 7, pages 767-778, DOI: 10.1016/j.jpubeco.2011.01.012.
• Jarko Fidrmuc & Pavel Ciaian & d'Artis Kancs & Jan Pokrivcak, 2011, "Credit Constraints, Heterogeneous Firms and Loan Defaults," EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels, number EERI_RP_2011_17, Nov.
• Gale, Douglas & Yorulmazer, Tanju, 2011, "Liquidity hoarding," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 119067, Jun.
• David G. Mayes, 2011, "Early Intervention and Prompt Corrective Action in Europe," Chapters, Edward Elgar Publishing, chapter 10, in: Christopher J. Green & Eric J. Pentecost & Tom Weyman-Jones, "The Financial Crisis and the Regulation of Finance".
• Dror Parnes, 2011, "Developments in corporate creditworthiness around ownership events," International Journal of Managerial Finance, Emerald Group Publishing Limited, volume 7, issue 4, pages 377-396, September, DOI: 10.1108/17439131111166384.
• John Thalassinos & Konstantinos Liapis, 2011, "Measuring a Bank’s Financial Health: A Case Study for the Greek Banking Sector," European Research Studies Journal, European Research Studies Journal, volume 0, issue 3, pages 135-172.