Peer-reviewed
Managing Bankruptcy and Default Risk
Understanding and managing bankruptcy and default risk is a treasury imperative. The authors discuss various default/bankruptcy scoring models that a firm can use to measure its bankruptcy and default risk for its key customers, key suppliers, key investees, and others with whom the firm transacts. Then, they highlight strategies a firm can employ to limit bankruptcy and default risk exposure of bankruptcy filings by the firm's key suppliers, customers, and others
Article, 2014