The Investor's Shelf — one person
EI

Edward I. Altman

Professor emeritus of finance at NYU Stern who created the Z-score model of bankruptcy prediction.

The Z-score gave credit analysts a published, testable formula for default probability from balance sheet ratios, and it is still the default screen in distressed work. Corporate Financial Distress and Bankruptcy sets out the mechanics of Chapter 11 and restructuring alongside the recovery and default statistics that distressed investors price against.

2 books of their own

Books they wrote 2

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  1. Corporate Financial Distress and BankruptcyEdward I. Altman, Edith Hotchkiss, 1993
  2. Distressed Securities: Analyzing and Evaluating Market Potential and Investment RiskEdward I. Altman, 1991
Edward I. Altman, Edith Hotchkiss · 1993 · The academic standard; source of the Z-score.

Tags

creditfixed-incomedistressed-debtbankruptcycredit-riskhigh-yielddefault-predictionrestructuring