Richardson, Frederick M.; Kane, Gregory D.; Lobingier, … - In: Journal of Business Finance & Accounting 25 (1998-01) 1&2, pp. 167-186
In this paper, we hypothesize that recessionary business cycles can contribute to corporate failure. Specifically, we test for a relationship between failure and (1) knowledge that failure occurred during a recession and (2) knowledge that the predictor variables were measured during a...