{"id":6638,"date":"2019-10-04T09:01:46","date_gmt":"2019-10-04T00:01:46","guid":{"rendered":"https:\/\/www.waseda.jp\/inst\/wias\/?p=6638"},"modified":"2019-10-23T18:18:26","modified_gmt":"2019-10-23T09:18:26","slug":"__trashed-2-64","status":"publish","type":"post","link":"https:\/\/www.waseda.jp\/inst\/wias\/news-en\/2019\/10\/04\/6638\/","title":{"rendered":"Waseda Organizational and Financial Economics Seminar:  &#8220;Recent Advances in Corporate Debt Restructuring&#8221; (October 21)"},"content":{"rendered":"<h4>Waseda Organizational and Financial Economics Seminar:<br \/>\n&#8220;Recent Advances in Corporate Debt Restructuring&#8221; (October 21)<\/h4>\n<h5>\u8b1b\u6f14\u8005 \/ Speaker<\/h5>\n<p><a href=\"https:\/\/perso.univ-rennes1.fr\/franck.moraux\/\">MORAUX,\u00a0Franck<\/a> \uff08Professor, Universit\u00e9 de Rennes 1\uff09<\/p>\n<ul>\n<li><u>Field of Research Interests<\/u><br \/>\nFinance<\/li>\n<\/ul>\n<h5>\u65e5\u3000\u6642 \/ Date &amp; Time<\/h5>\n<p>Monday, 21 October 2019, 13:00 \u2013 14:30<\/p>\n<h5>\u4f1a\u3000\u5834 \/ Venue<\/h5>\n<p><a href=\"https:\/\/www.waseda.jp\/top\/en\/access\/waseda-campus\">Room 1111, 11F, Building 11, Waseda University<\/a><\/p>\n<h5>\u4e3b\u3000\u65e8 \/ Outline<\/h5>\n<p>&#8220;Recent Advances in Corporate Debt Restructuring&#8221;<\/p>\n<p style=\"text-align: justify;\">The distress of companies is a serious concern in many countries around the world. Fortunately, in many occasions, Finance can seriously help by structuring corporate debt. Strangely enough, this option to restructure the capital structure is largely neglected in the literature. Very few models devoted to the pricing of corporate securities consider this issue, despite clear evidences that potential debt restructuring may have a huge impact i) on the prices of corporate debt (and equity) and ii) on the way the optimal capital structure is achieved. And, for many, it is even not really clear how one may design a solution in the best interest of stakeholders (i.e. both creditors and debtors). In this seminar, I will give an overview of this issue and review some recent advances in this very dynamic research field. I will focus in particular on the modelling of corporate debt restructuring and the pricing of corporate liabilities under a specific bankruptcy regime (public court-supervised bankruptcy procedure and\/or private workout). Numerical illustrations will follow.<\/p>\n<h5>\u30d7\u30ed\u30b0\u30e9\u30e0 \/ Schedule<\/h5>\n<p>13:00\uff5e13:05 Opening Remarks \uff08MIYAJIMA,\u00a0Hideaki (Advisor, WIAS \/ Professor, Waseda University)\uff09<br \/>\n13:05\uff5e14:05 Presentation<br \/>\n14:05\uff5e14:25 Question-and-answer session<br \/>\n14:25\uff5e14:30 Concluding Remarks\uff08MIYAJIMA,\u00a0Hideaki \uff09<\/p>\n<h5>\u5bfe\u3000\u8c61 \/ Prospected Audience<\/h5>\n<p>Faculty and staff members of a university, grad students, undergraduates, the general public<\/p>\n<h5>\u4e3b\u3000\u50ac \/ Organizer<\/h5>\n<p>Research Institute of Business Administration, Waseda University<br \/>\nWaseda Institute for Advanced Study, Waseda University<\/p>\n<h5>\u7533\u8fbc\u307f \/ Registration<\/h5>\n<p>Free of charge. Please come to the event venue directly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Waseda Organizational and Financial Economics Seminar: &#8220;Recent Advances in Corporate Debt Restructuring&#038; [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[82,94,73],"class_list":["post-6638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-events-en","tag-general-en","tag-research-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/6638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/comments?post=6638"}],"version-history":[{"count":0,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/6638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/media\/2762"}],"wp:attachment":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/media?parent=6638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/categories?post=6638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/tags?post=6638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}