Matches in SemOpenAlex for { <https://semopenalex.org/work/W2184734306> ?p ?o ?g. }
Showing items 1 to 90 of
90
with 100 items per page.
- W2184734306 abstract "We examine the ability of Value-at-Risk (VaR) to explain the future capital structure of firms that filed for bankruptcy from 1990 through 2004 and a matched sample of non-bankrupt firms. We test the proposition that VaR has an impact on a firm’s probability of bankruptcy, which then can be used to explain future levels of debt. In addition to finding that VaR is significantly related to predicting the bankruptcy event, we find that the lagged probability of bankruptcy estimates using traditional variables and VaR are significantly related to the level of debt used by both the bankrupt firms and the matched firms. Further, we find that our VaR measure is related to the level of future debt used by firms in a single-variable regression model. Therefore, we find evidence that is consistent with traditional capital structure theory, which suggests that capital structure is a function of the expected cost of bankruptcy." @default.
- W2184734306 created "2016-06-24" @default.
- W2184734306 creator A5013253774 @default.
- W2184734306 creator A5047125258 @default.
- W2184734306 date "2009-01-01" @default.
- W2184734306 modified "2023-09-27" @default.
- W2184734306 title "VaR as a Determinant of Capital Structure and Bankruptcy Prediction" @default.
- W2184734306 cites W1546993880 @default.
- W2184734306 cites W1974478886 @default.
- W2184734306 cites W2005596732 @default.
- W2184734306 cites W2008219015 @default.
- W2184734306 cites W2020295374 @default.
- W2184734306 cites W2035014156 @default.
- W2184734306 cites W2040866919 @default.
- W2184734306 cites W2060728589 @default.
- W2184734306 cites W2081113003 @default.
- W2184734306 cites W2115846503 @default.
- W2184734306 cites W2124150876 @default.
- W2184734306 cites W2124532504 @default.
- W2184734306 cites W2153524047 @default.
- W2184734306 cites W2159213308 @default.
- W2184734306 cites W2334501456 @default.
- W2184734306 cites W2752617332 @default.
- W2184734306 cites W3121727765 @default.
- W2184734306 cites W3122632517 @default.
- W2184734306 cites W3123201237 @default.
- W2184734306 cites W3124114405 @default.
- W2184734306 cites W3125168868 @default.
- W2184734306 hasPublicationYear "2009" @default.
- W2184734306 type Work @default.
- W2184734306 sameAs 2184734306 @default.
- W2184734306 citedByCount "0" @default.
- W2184734306 crossrefType "journal-article" @default.
- W2184734306 hasAuthorship W2184734306A5013253774 @default.
- W2184734306 hasAuthorship W2184734306A5047125258 @default.
- W2184734306 hasConcept C10138342 @default.
- W2184734306 hasConcept C120527767 @default.
- W2184734306 hasConcept C149782125 @default.
- W2184734306 hasConcept C149933338 @default.
- W2184734306 hasConcept C162118730 @default.
- W2184734306 hasConcept C162324750 @default.
- W2184734306 hasConcept C166957645 @default.
- W2184734306 hasConcept C185592680 @default.
- W2184734306 hasConcept C198531522 @default.
- W2184734306 hasConcept C2777388754 @default.
- W2184734306 hasConcept C43617362 @default.
- W2184734306 hasConcept C504631918 @default.
- W2184734306 hasConcept C83646750 @default.
- W2184734306 hasConcept C95457728 @default.
- W2184734306 hasConceptScore W2184734306C10138342 @default.
- W2184734306 hasConceptScore W2184734306C120527767 @default.
- W2184734306 hasConceptScore W2184734306C149782125 @default.
- W2184734306 hasConceptScore W2184734306C149933338 @default.
- W2184734306 hasConceptScore W2184734306C162118730 @default.
- W2184734306 hasConceptScore W2184734306C162324750 @default.
- W2184734306 hasConceptScore W2184734306C166957645 @default.
- W2184734306 hasConceptScore W2184734306C185592680 @default.
- W2184734306 hasConceptScore W2184734306C198531522 @default.
- W2184734306 hasConceptScore W2184734306C2777388754 @default.
- W2184734306 hasConceptScore W2184734306C43617362 @default.
- W2184734306 hasConceptScore W2184734306C504631918 @default.
- W2184734306 hasConceptScore W2184734306C83646750 @default.
- W2184734306 hasConceptScore W2184734306C95457728 @default.
- W2184734306 hasLocation W21847343061 @default.
- W2184734306 hasOpenAccess W2184734306 @default.
- W2184734306 hasPrimaryLocation W21847343061 @default.
- W2184734306 hasRelatedWork W1529715052 @default.
- W2184734306 hasRelatedWork W1557617625 @default.
- W2184734306 hasRelatedWork W1971323307 @default.
- W2184734306 hasRelatedWork W2008522236 @default.
- W2184734306 hasRelatedWork W2036693412 @default.
- W2184734306 hasRelatedWork W2114896668 @default.
- W2184734306 hasRelatedWork W2139270921 @default.
- W2184734306 hasRelatedWork W2206317366 @default.
- W2184734306 hasRelatedWork W2267330672 @default.
- W2184734306 hasRelatedWork W2324579674 @default.
- W2184734306 hasRelatedWork W2342424705 @default.
- W2184734306 hasRelatedWork W2796896771 @default.
- W2184734306 hasRelatedWork W3036034141 @default.
- W2184734306 hasRelatedWork W3087296066 @default.
- W2184734306 hasRelatedWork W3122250658 @default.
- W2184734306 hasRelatedWork W3125492036 @default.
- W2184734306 hasRelatedWork W3125605966 @default.
- W2184734306 hasRelatedWork W3140727542 @default.
- W2184734306 hasRelatedWork W575879715 @default.
- W2184734306 hasRelatedWork W3080508741 @default.
- W2184734306 isParatext "false" @default.
- W2184734306 isRetracted "false" @default.
- W2184734306 magId "2184734306" @default.
- W2184734306 workType "article" @default.