Article ID Journal Published Year Pages File Type
961567 Journal of Financial Markets 2013 38 Pages PDF
Abstract
► Theoretical and empirical analysis of the link between growth options and default. ► Investment opportunities are negatively related to the likelihood of default. ► Investment opportunities improve bankruptcy prediction models' predictive ability.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Investment opportunities and bankruptcy prediction
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