The information content of distressed restructurings involving public and private debt claims

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

Using daily stock returns

1985 • 6,463 citations

On financial contracting

1979 • 3,013 citations

Optimal capital structure under corporate and personal taxation

1980 • 2,681 citations

What's different about banks?

1985 • 2,350 citations

Some evidence on the uniqueness of bank loans

1987 • 1,688 citations

Valuation effects of security offerings and the issuance process

1986 • 1,281 citations

Troubled debt restructurings

1990 • 1,127 citations

Further evidence on the bank lending process and the capital-market response to bank loan agreements

1989 • 966 citations

Bankruptcy resolution

1990 • 740 citations

A Theory of Workouts and the Effects of Reorganization Law*

1991 • 668 citations

An Empirical Investigation of U.S. Firms in Reorganization

1989 • 542 citations

The effects of capital structure change on security prices

1980 • 541 citations

The Bankruptcy Decision

1978 • 388 citations

Security Pricing and Deviations from the Absolute Priority Rule in Bankruptcy Proceedings

1990 • 296 citations

Wealth redistributions or changes in firm value

1984 • 264 citations

The Resolution of Financial Distress

1989 • 254 citations

Contractual Resolution of Bondholder-Stockholder Conflicts in Leveraged Buyouts

1991 • 96 citations

Information Effects Associated with Debt‐for‐Equity and Equity‐for‐Debt Exchange Offers

1989 • 93 citations

Two-tier and negotiated tender offers: The imprisonment of the free-riding shareholder

1987 • 80 citations

CAPITAL STRUCTURE REARRANGEMENTS AND ME‐FIRST RULES IN AN EFFICIENT CAPITAL MARKET

1977 • 70 citations