Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "2872"
  #_source: array:26 [
    "id" => "2872"
    "slug" => "what-discount-rate-should-bankruptcy-judges-use-estimates-from-canadian-reorganization-data"
    "yearMonth" => "2009-01"
    "year" => "2009"
    "title" => "What Discount Rate Should Bankruptcy Judges Use? Estimates from Canadian Reorganization Data"
    "description" => "BARTHELEMY, F., FISHER, T.C.G. et MARTEL, J. (2009). What Discount Rate Should Bankruptcy Judges Use? Estimates from Canadian Reorganization Data. <i>International Review of Law and Economics</i>, 29(1), pp. 67-72."
    "authors" => array:3 [
      0 => array:2 [
        "name" => "BARTHELEMY Fabrice"
        "bid" => "B00006901"
      ]
      1 => array:3 [
        "name" => "MARTEL Jocelyn"
        "bid" => "B00000350"
        "slug" => "martel-jocelyn"
      ]
      2 => array:1 [
        "name" => "FISHER T.C.G."
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:3 [
      0 => "Faillite"
      1 => "Réorganisation"
      2 => "Taux d'actualisation"
    ]
    "updatedAt" => "2020-12-17 17:55:06"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "67-72"
      "volume" => "29"
      "number" => "1"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "A partir d'une base de données contenant de l'information sur des plans de réorganisation d'entreprises canadiennes insolvables, nous estimons que le taux d'actualisation implicite mensuel des créanciers non garantis est de 4,9%. Ce taux est robuste aux différentes hypothèses sur le degré d'aversion pour le risque et le ratio valeur de marché / valeur comptable des actifs."
      "en" => "Using data from financial reorganization plans filed by insolvent Canadian firms, we estimate that the monthly discount rate implicit in the unsecured creditors' decision is around 4.9%. This rate is robust to a range of assumptions about the degree of risk aversion and the market-to-book ratio of assets."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-11-21T14:21:49.000Z"
    "docTitle" => "What Discount Rate Should Bankruptcy Judges Use? Estimates from Canadian Reorganization Data"
    "docSurtitle" => "Journal articles"
    "authorNames" => "BARTHELEMY Fabrice, <a href="/cv/martel-jocelyn">MARTEL Jocelyn</a>, FISHER T.C.G."
    "docDescription" => "<span class="document-property-authors">BARTHELEMY Fabrice, MARTEL Jocelyn, FISHER T.C.G.</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2009</span>"
    "keywordList" => "<a href="#">Faillite</a>, <a href="#">Réorganisation</a>, <a href="#">Taux d'actualisation</a>"
    "docPreview" => "<b>What Discount Rate Should Bankruptcy Judges Use? Estimates from Canadian Reorganization Data</b><br><span>2009-01 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">What Discount Rate Should Bankruptcy Judges Use? Estimates from Canadian Reorganization Data</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 8.670292
  +"parent": null
}