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In contrast to these papers, we analyse the information revelation process within a court-supervised procedure after private renegotiation between the firm and its creditors has failed.
The most commonly considered explanation is asymmetric information between creditors and managers or equity holders, which impedes the information revelation process regarding the true value of a financially distressed firm (Hotchkiss et al. 2008; Giammarino 1989; Li and Li 1999; Mooradian 1994; White 1994).
Similar(58)
Then there are hoaxes whose debunking results in genuine revelation; in the process of dissecting a writer's fictionalized autobiography, we penetrate his real life.
Opening the special debate, First Minister Peter Robinson said the revelation of the process had prompted "real outrage".
For liberal Mormons, revelation is a process through which God gradually brings fallible human beings to greater understanding.
The raids follow last month's revelation that beefburgers processed in Ireland and Yorkshire, and sold in British and Irish supermarkets, were found to contain horse meat.
What's most surprising about today's revelations is the process by which the DEA covers the tracks of its information.
Revelations about the process's difficulty in districts like Los Angeles -- where, according to LA Weekly, school officials spent $3.5 million attempting to fire just seven teachers who were targeted for poor performance -- have only added fuel to arguments in favor of termination streamlining.
The social sciences -- psychology, sociology, anthropology and the rest -- officially take the stance that the existence or nonexistence of God, the process of revelation, and what is known through revelation, are all outside the realm of science.
"The revelation was in the process of writing," he told me.
That gradual process of revelation is what she loves about the theater.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com