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Article

A structural model with Explicit Distress

Publicated to:Journal Of Banking & Finance. 58 (9): 112-130 - 2015-09-01 58(9), DOI: 10.1016/j.jbankfin.2015.03.011

Authors: Correia, Ricardo; Población, Javier

Affiliations

Banco Espana, DGA Supervis, Madrid, Spain - Author
Univ Carlos III Madrid, Dept Business Adm, E-28903 Getafe, Madrid, Spain - Author

Abstract

Keywords

Agency costsBankruptcy costsCorporate-debtCredit riskDefaultFinancial distressInvestmentOptimal capital structureStructural modelsTrade-off theoryValuation

Quality index

Bibliometric impact. Analysis of the contribution and dissemination channel

The work has been published in the journal Journal Of Banking & Finance due to its progression and the good impact it has achieved in recent years, according to the agency WoS (JCR), it has become a reference in its field. In the year of publication of the work, 2015, it was in position 85/345, thus managing to position itself as a Q1 (Primer Cuartil), in the category Economics.

From a relative perspective, and based on the normalized impact indicator calculated from the Field Citation Ratio (FCR) of the Dimensions source, it yields a value of: 1.66, which indicates that, compared to works in the same discipline and in the same year of publication, it ranks as a work cited above average. (source consulted: Dimensions Jun 2025)

Specifically, and according to different indexing agencies, this work has accumulated citations as of 2025-06-22, the following number of citations:

  • WoS: 2
  • Scopus: 4
  • Google Scholar: 8
  • OpenCitations: 3

Impact and social visibility

From the perspective of influence or social adoption, and based on metrics associated with mentions and interactions provided by agencies specializing in calculating the so-called "Alternative or Social Metrics," we can highlight as of 2025-06-22:

  • The use of this contribution in bookmarks, code forks, additions to favorite lists for recurrent reading, as well as general views, indicates that someone is using the publication as a basis for their current work. This may be a notable indicator of future more formal and academic citations. This claim is supported by the result of the "Capture" indicator, which yields a total of: 70 (PlumX).

Leadership analysis of institutional authors

There is a significant leadership presence as some of the institution’s authors appear as the first or last signer, detailed as follows: First Author (VAZ ANTUNES PEREIRA CORREIA, JOSE RICARDO) .