Publicação
Hertz´s bankruptcy: asset-backed into a corner
| Resumo: | When Covid-19 swept in and took the world hostage, many were the businesses that did not survive. Hertz was one of these companies. The present case aims to understand the reasons behind Hertz’s bankruptcy and what in its history led to the ultimate chapter 11 filing. This paper will look at univariate ratio assessment and multi-discriminant models for the prediction of corporate failure and evaluate the company’s position beforeCovid-19. It will also explore the challenges behind a restructuring in a period of increased uncertainty. |
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| Autores principais: | Santos, Pedro Sousa |
| Assunto: | Financial distress Bankruptcy Restructuring |
| Ano: | 2022 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| Resumo: | When Covid-19 swept in and took the world hostage, many were the businesses that did not survive. Hertz was one of these companies. The present case aims to understand the reasons behind Hertz’s bankruptcy and what in its history led to the ultimate chapter 11 filing. This paper will look at univariate ratio assessment and multi-discriminant models for the prediction of corporate failure and evaluate the company’s position beforeCovid-19. It will also explore the challenges behind a restructuring in a period of increased uncertainty. |
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