Corporate Financial Distress and
Bankruptcy: Predict and Avoid
Bankruptcy, Analyze and Invest in
Distressed Debt , 3rd Edition by Edith
Hotchkiss
More Relevant Than You Think.
A comprehensive look at the enormous growth and evolution of distressed
debt, corporate bankruptcy, and credit risk default
This Third Edition of the most authoritative finance book on the topic
updates and expands its discussion of corporate distress and bankruptcy,
as well as the related markets dealing with high-yield and distressed debt,
and offers state-of-the-art analysis and research on the costs of

bankruptcy, credit default prediction, the post-emergence period
performance of bankrupt firms, and more.
Edward I. Altman (New York, NY) is the Max L. Heine Professor of
Finance at the Stern School of Business, New York University. He
received his MBA and PhD in finance from the University of California, Los
Angeles. Edith Hotchkiss (Chester Hill, MA) is Associate Professor of
Finance at Boston College. She received her PhD from the Stern School of
Business and her BA from Dartmouth College.
Personal Review: Corporate Financial Distress and Bankruptcy:
Predict and Avoid Bankruptcy, Analyze and Invest in Distressed
Debt , 3rd Edition by Edith Hotchkiss
Most people in the investing world don't read this book. But they should.
It's a textbook so not something to breeze through at the beach. However,
the techniques described in the book are very applicable to any company,
not just those in disress or bankruptcy. In fact I did some work on EMC
many years ago when they *appeared* to be growing rapidly but in reality
they were getting into trouble. This was way back in the early 1990's when
the stock collapsed from $78. Having shared my analysis with Wall Street
types at the time I soon found myself there!
The main point is you can use this type of analysis effectively and because
most people in general equity investing don't, it just might give you a bit
more edge.
For More 5 Star Customer Reviews and Lowest Price:
Corporate Financial Distress and Bankruptcy: Predict and Avoid Bankruptcy, Analyze
and Invest in Distressed Debt , 3rd Edition by Edith Hotchkiss 5 Star Customer Reviews
and Lowest Price!