Friday, August 19, 2011, 2:00-3:45 pm; Corporate Finance Theory
Debt - C2

Session Chair: Brandon Julio, London Business School

• The Ownership and Trading of Debt Claims in Chapter 11 Restructurings PDF
  Victoria Ivashina¹, Ben Iverson¹, David Smith²,
  Harvard University¹; University of Virginia²
  • Discussant: Sascha Steffen, University of Mannheim

• A Market-Based Study of the Costs of Default PDF
  Sergei Davydenko¹, Ilya Strebulaev², Xiaofei Zhao¹
  University of Toronto¹; Stanford University²
  • Discussant: Jerome Taillard, Boston College

• Debt Covenants, Bankruptcy Risk, and Issuance Costs PDF
  Sattar A. Mansi¹, Yaxuan Qi², John K. Wald³
  Virginia Tech¹; Concordia University²; University of Texas - San Antonio³
  • Discussant: Ramin Baghai, Stockholm School of Economics