Uang, Jinn-Yang; Citron, David B.; Sudarsanam, Sudi; … - In: European Financial Management 12 (2006) 5, pp. 789-816
"The UK regulatory requirements relating to going-concern disclosures require directors to report on the going-concern status of their firms. Such directors have incentives not to report fairly in the case of financially-distressed firms. We expect effective corporate governance mechanisms will...