Merton, Robert C., and Zvi Bodie. "A Conceptual Framework for Analyzing the Financial Environment." Chap. 1 in The Global Financial System: A Functional Perspective ...
The conceptual underpinnings of financial distress and the restructuring process are surprisingly simple. In this chapter, a conceptual framework for financial distress and restructurings is developed ...
Merton, Robert C., and Zvi Bodie. "A Conceptual Framework for Analyzing the Financial Environment." Harvard Business School Working Paper, No. 95-062, January 1995.