FİNANSAL SIKINTILI ŞİRKETLERDE YENİDEN YAPILANDIRMA SÜREÇLERİ VE YENİDEN YAPILANDIRMA SÜREÇLERİNİN SEÇİMİNİ ETKİLEYEN FAKTÖRLER

Yıl 2009, Cilt: 64 Sayı: 02, 145 - 162, 01.02.2009

Güven Sayılgan Ender Coşkun

https://doi.org/10.1501/SBFder_0000002106

Öz

Anahtar Kelimeler

-

FİNANSAL SIKINTILI ŞİRKETLERDE YENİDEN YAPILANDIRMA SÜREÇLERİ VE YENİDEN YAPILANDIRMA SÜREÇLERİNİN SEÇİMİNİ ETKİLEYEN FAKTÖRLER

Öz

Anahtar Kelimeler

Finansal sıkıntı, yeniden yapılandırma, özel yeniden yapılandırma, iflas sürecinde yeniden yapılandırma

Kaynakça

• ALLEN, Jeffrey W./ MCCONNEL, John J. (1998), “Equity Carve-Outs and Managerial Discretion,” The Journal of Finance, 53/1, 1998: 163-186.
• ASQUITH, Paul/GERTNER, Robert/ SCHARFSTEIN, David (1994), “Anatomy of Financial Distress An Examination of Junk-Bond Issuers,” Quarterly Journal of Economics: 625-658.
• BALCI, āakir (2006), UzlaĂma Yoluyla Yeniden Yap×land×rma (Āzmir: Güncel Yay×nevi).
• BREALEY, Richard A./MYERS, Stewart C./MARCUS, Alan J. (1999), ĀĂletme Finans×Q×n Temelleri Āstanbul: Literatür Yay×nc×O×k) (Çev.Ünal Bozkurt - Türkan Ar×kan - Hatice Doÿukanl×).
• CHATTERJEE, Sris/DHILLON, Upinder S./RAMIREZ, Gabriel G. (1996), “Resolution of Financial Distress: Debt Restructurings via Chapter 11, Prepackaged Bankruptcies, and Workouts,” Financial Management, 25/1: 5-18.
• CHEN, Yehning,/WESTON, Fred J./ALTMAN, Edward I. (1995), “Financial Distress and Restructuring Models,” Financial Management, 24/2: 57-75.
• CLAESSENS, Stijn/DJANKOV, Simeon/KLAPPER, Leora (2003),“Resolution of Corporate Distress in East Asia,” Journal of Empirical Finance, 10: 199-216
• CLARK, Kent/OFEK, Eli (1994), “Mergers as a Means of Restructuring Distresed Firms: An Empricial Investigation,” Journal of Financial and Quantitative Analysis, 29/4: 541-565.
• EMERY Douglas R./FINNERTY, John D. (1997), Corporate Financial Management (USA: PrenticeHall Inc.).
• FRANKS, Julian R./TOROUS, Walter N. (1996), “Lesson from a Comprasion of US and UK Insolvency Codes,” (BHANDARĀ, Jagdeep S./WEISS, Lawrance A. (eds.), Corporate Bankruptcy, (Cambridge. Cambridge University Press).
• GAUGHAN, Patrick A. (2002), Mergers, Acquisitions and Corporate Restructuring (John Wiley and Sons Inc. 3. ed.).
• GILSON, Stuart C. (1997), “Transactions Costs and Capital Structure Choice: Evidence From Financially Distressed Firms,” The Journal of F×nance, 52/1: 161-196.
• GILSON, Stuart C./VETSUYPENS, Michael R. (1993), “CEO Compensation in Financial Distressed Firms: An Empirical Analysis,” The Journal of Finance, 48/2: 425-458.
• GILSON, Stuart C./JOHN Kose/LANG, Larry H.P. (1990), “Troubled Debt Restructurings- An Empricial Study of Private Reorganization of Firms in Default,” Journal of Financial Economics, 27: 315-353.
• GILSON, Stuart (1989), “Manager Turnover and Financial Distress,” Journal of Financial Economics, 25: 241-262.
• HOSHI, Takeo/KASHYAP Anil / SCHARFSTEIN, David (1990), “The Role of Banks in Reducing The Costs of Financial Distress in Japan,” NBER Working Papers Series, No: 3435.
• JOHN, Kose/LANG, Larry H.P./NETTER, Jeffry (1992), “Voluntary Restructuring of Large Firms in Response to Performance Decline,” Journal of Finance, 47/3: 891-917.
• KAM, Amy/CITRON, David/MURADOþLU, Gülnur (2008), “Distress and Restructuring in China: Does Ownership Matter?,” China Economic Review, 2008 Ānternet adresi: linkinghub.elsevier.com/retrieve/pii/S1043951X0800062X (eriĂim tarihi 17.10.2008).
• KIM, Dong-Kyoon/KWOK, Chuck C.Y. (2008), “The Influence of Managerial Incentives on The Resolution of Financial Distress,” Review of Quantitative Finance and Accounting” internet adresi: http://www.springerlink.com/content/v7t6m14t13265060 (eriĂim tarihi: 27.10.2008).
• PADILLA, A. Jorge/REQUEJO, Alejandro (2000), “Financial Distress, Bank Debt Restructurings, and Layoffs,” Spanish Economic Review, 2: 73-103.
• PEKCANITEZ, Hakan/ATALAY, Oÿuz/ÖZKAN Meral Sungurtekin/ÖZEKES, Muhammet (2005), Ācra ve Āflas Hukuku (Ankara: Yetkin Yay×nlar×, 3. Bask×).
• ROSS, Stephen A./WESTERFIELD, Randolph W./JAFFE, Jeffrey (2002), Corporate Finance (International Edition, McGraw Hill Irwin, 6. Bask×).
• SEN, Sudeshna (2008), “Lehman Brothers' Bankruptcy to Change The Face of Banking,” Reuters (15 September 2008).
• SHLEIFER, Andrei/VISHNY, Robert W. (1992), “Liquidation Values and Debt Capacity: A Market Equilibrium Approach,” The Journal of Finance, 47/4: 1343- 1365.
• TAāPINAR AYVAZ, Sema (2005), Ācra Āflas Hukukunda Yeniden Yap×land×rma (Ankara: Yetkin Yay×nlar×).
• Türkiye Bankalar Birliÿi, Finansal Yeniden Yap×land×rma Çerçeve AnlaĂmas×, Ānternet adresi: www.tbb.org.tr/turkce/FYYCA_ek.doc
• WEIS, Lawrence A. (1996), “Bankruptcy Resolution: Direct Cost And Violation of Priority of Claims,” BHANDARI, Jagdeep S. / WEISS, Lawrance (eds.), Corporate Bankruptcy (Cambridge. Cambridge University Press).
• WESTON, J. Fred/MITCHELL, Mark L./MULHERIM, Harild J. (2003), Takeovers, Restructuring and Corporate Governance (Prentice Hall, 3. Bask×).
• WESTON, J. Fred/SIU, Juan A./JOHNSON, Brian A. (2001), Takeovers, Restructuring and Corporate Governance (Prentice Hall, 3. Bask×).
• WRUCK, Karen Hopper (1990), “Financial Distress, Reorganization and Organizational Efficiency,” Journal of Financial Economics, 27: 419-444.