Analyzing Investment Opportunities in Distressed and Bankrupt Companies (Institute of Chartered Financial Analysts continuing education series) (Institute . Analysts continuing education series)

Thomas A. Bowman

ISBN 10: 1879087065 / ISBN 13: 9781879087064

Verlag: Cfa Inst, 1991

Beschreibung

82 pages. 11.00x8.75x0.25 inches. In Stock. Bestandsnummer des Verkäufers zk1879087065

Bibliografische Details

Titel: Analyzing Investment Opportunities in ...

Verlag: Cfa Inst

Erscheinungsdatum: 1991

Einband: Paperback

Zustand: Brand New

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Inhaltsangabe:

Although the existence of securities of distressed and bankrupt companies is certainly not a recent phenomenon, the decade of the 1980s witnessed the highest corporate bond default rates of this century. As a result of a quality orientation on the part of many institutional investors in combination with the lack of a defined discipline for analyzing distressed securities, a “flight to quality” has caused major inefficiencies to occur in the market values of these securities. These proceedings, from a 1990 seminar titled “Analyzing Investment Opportunities in Distressed and Bankrupt Companies”, provide a valuable source of information about the characteristics of the market for these securities, the key issues that must be employed in their valuation, and techniques that are employed by professionals who are actively engaged in this specialized field. This presentation comes from the Analyzing Investment Opportunities in Distressed and Bankrupt Companies conference held in Chicago, Illinois, on September 11, 1990.