Download or read book Corporate Financial Distress and Bankruptcy written by Lemma W. Senbet and published by Now Pub. This book was released on 2012-08 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Financial Distress and Bankruptcy has moved into a public domain due to the recent global financial crisis that witnessed failures of many corporations that were rescued by the government. This survey will highlight the resolution mechanisms for corporate financial distress and bankruptcy not only in the private domain but also in the public domain and will use corporate finance paradigms to interpret some of these far-reaching developments in financial distress of systemic nature.