How do board characteristics influence the risk of bankruptcy? We study this question by estimating classic Z-Score models using panel data comprising 2519 listed non-financial firms from 29 European countries over the 2012-2020 period. We found that board independence is associated with lower...

The study examines the impact of COVID State aid measures (COVID aid) on firm performance for three Member States, namely Italy, Poland and Spain, for which national state aid registers are available. These data on aid recipients are merged with balance sheet data obtained from Bureau Van Dijk...