Rogers, Jonathan L. (contributor); … - 2002 - [Elektronische Ressource]
�nancial distress, we exclude utilities, transportation companies, and �nancial
services companies. We also exclude companies … services (10 percent), chemical and allied products (10 percent),
and industrial machinery and equipment (8 percent).
Table 3 … �nancial services companies. Hypothesis 1a predicts that managers of
�nancially distressed �rms will issue optimistic forecast …