What do We Know about Loss Given Default?

The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications*

Edward I. Altman, Brooks Brady, Andrea Resti et al. · The Journal of Business · 2005 · 787 citations · Full text

Business, Economics, Finance +16

Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds

Edward I. Altman, Vellore Kishore · Financial Analysts Journal · 1996 · 498 citations

Business, Finance, Damages +9

The Corporate Bankruptcy Decision

Michelle J. White · The Journal of Economic Perspectives · 1989 · 470 citations · Full text

Law, Business Economics, Finance +13

Bankruptcy auctions: costs, debt recovery, and firm survival

Karin S. Thorburn · Journal of Financial Economics · 2000 · 339 citations

Business, Business Economics, Finance +16

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

Allan C. Eberhart, William T. Moore, Rodney L. Roenfeldt · The Journal of Finance · 1990 · 292 citations

Law, Finance, Financial Management +15