Estimating Risk-Adjusted Costs of Financial Distress.

Keyphrases

• Capital Structure 33%
• Default Rate 33%
• Direct Costs 33%
• Discount Rate 66%
• Expected Benefits 33%
• Expected Cost 33%
• Financial Distress 33%
• Financial Distress Cost 100%
• Financial Problems 33%
• Financing Decisions 33%
• Firm Reputation 33%
• High Leverage 33%
• Investment Opportunities 33%
• Key Customer 33%
• Key Worker 33%
• Risk-adjusted 100%
• Risk-neutral Distribution 33%
• Value Loss 33%

Economics, Econometrics and Finance

• Capital Structure 50%
• Corporate Reputation 50%
• Discount Rate 100%
• Investment Opportunity 50%