Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans
Abstract
We investigate the influence of bankruptcy reorganization plans on the recovery of distressed firms. Using qualitative comparative analysis (QCA), specifically, we perform an in-depth investigation of a set of reorganization plans submitted by publicly traded companies in Brazil. We find that the improvement in firm performance is positively related to a good diagnosis of the factors causing the crisis, a clear definition of the firm’s...
Paper Details
Title
Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans
Published Date
Jan 1, 2019
Volume
16
Issue
4
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