{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2348463-020",
 "identifier": "kaal:claim:2348463-020",
 "text": "Data staleness degrades systemic risk evaluation more than it degrades evaluation of bankruptcy disclosures, because many distressed investment strategies depend on the outcome of the restructuring process and creditors are therefore incentivized to hold their positions until it completes.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013). SSRN: https://ssrn.com/abstract=2348463",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Hedge Funds’ Systemic Risk Disclosures in Bankruptcy",
  "datePublished": "2013",
  "url": "https://ssrn.com/abstract=2348463",
  "sha256": "b3682f24c0b277b3307fb9f54cd17a4e0a87b48eecba34b40e189212f20c9a22",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20Hedge%20Funds%E2%80%99%20Systemic%20Risk%20Disclosures%20in%20Bankruptcy.pdf"
 },
 "keywords": [
  "systemic-risk",
  "compliance",
  "risk-and-incentives"
 ],
 "about": [
  "data-staleness",
  "distressed-investing",
  "systemic-risk-monitoring",
  "creditor-incentives"
 ],
 "abstract": "This lack of accuracy can affect systemic risk evaluation more than an evaluation of disclosures in the bankruptcy context because many distressed investment strategies depend on the outcome of the restructuring process",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "distressed investment strategies tied to restructuring outcomes"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/8eecb0aed06eb45412ace1f580ea7fcf619ff639a2419677366726b057b402ec.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "8eecb0aed06eb45412ace1f580ea7fcf619ff639a2419677366726b057b402ec",
 "canonicalForm": "https://wulfkaal.github.io/claims/2348463-020.md"
}