Bankruptcy, Credit Risk, and High Yield Junk Bonds

The four major and related themes explored here are:

• Distress Prediction Models.


• Credit Risk Management.


• High Yield "Junk" Bonds and Distressed Securities.


• Bankruptcy and Firm Valuation.

These articles span more than 30 years of contributions to scholarly and professional publications and for government regulatory and policy considerations. Altman's pioneering works have formed the basis for modern credit risk management procedures and policies by practitioners and regulators, and have motivated and guided works from other scholars around the globe.