As we find the different ways that bankrupt companies file their projection information during Chapter 11 process, we
incorporate the regression analysis to investigate what firm characteristics lead to the difference, and whether two types of projection, either high quality or low quality, indicates the efficiency of the restructuring plan so that it will be reflected in their postbankruptcy performances. Our results identify that firms in better financial position tend to offer complete projection information, but the quality of projection information is not significantly contributing to their post-bankruptcy performances.
Branch B, Xu M (2014) Can Projection Information Shed Light On Post Bankruptcy Performance? Bus Eco J 5: 084. doi: 10.4172/2151-6219.1000084