Title:

Talent in Distressed Firms: Investigating the Labor Costs of Financial Distress

Authors:

Ramin P. Baghai (Stockolm School of Econ)
Rui C. Silva (U Nova)
Viktor Thell (Finansinspektionen, Stockholm)
Vikrant Vig (London Bus School, Northwestern U)

Journal:

Journal of Finance

Year:

2021

Volume:

76

Number:

6

Pages:

2907-2961

JEL codes:

G33 - Bankruptcy; Liquidation
J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure