Bankruptcy and product-market competition: Evidence from the airline industry
نویسندگان
چکیده
منابع مشابه
Bankruptcy and Product-Market Competition: Evidence from the Airline Industry∗
Classical models of product market competition maintain that firms maximize their profits regardless of their financial condition. Yet over the last two decades a growing theoretical literature has examined whether a firm’s capital structure impacts competition in the market for the firm’s products. In this paper we ask whether a firm operating under bankruptcy protection significantly reshapes...
متن کاملAuthor's Personal Copy Bankruptcy and Product-market Competition: Evidence from the Airline Industry ☆
In most cases authors are permitted to post their version of the article (e.g. in Word or Tex form) to their personal website or institutional repository. Authors requiring further information regarding Elsevier's archiving and manuscript policies are encouraged to visit: a b s t r a c t a r t i c l e i n f o We investigate the effects of Chapter 11 bankruptcy filings on product market competit...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 2012
ISSN: 0167-7187
DOI: 10.1016/j.ijindorg.2012.06.004