Research Question - This paper aims to answer whether the Key Audit Matters (KAMs) Signaling Corporate Bankruptcy and … independent auditors enhances the prediction of corporate bankruptcy and the extent to which the KAMs reduce the information …' reports before the Thomas Cook Group Plc bankruptcy. Findings - We find no significant predicting power of KAMs disclosed by …

This paper proposes a hybrid approach to the forecasting of firms' bankruptcy of Spanish enterprises from the …

Avoiding bankruptcy is a crucial task for any firm's top management team (TMT), and reasons for the failure to … accomplish it have long been studied. While financial metrics can predict near-term bankruptcy, governance characteristics … TMT functional backgrounds decreases the bankruptcy probability. We test our hypotheses using a unique dataset of large …

We analyze how corporate reorganization and liquidation change labor reallocation during bankruptcy using randomized … bankruptcy on employee earnings, even with most workers leaving reorganized firms. We examine plausible mechanisms and find …

CEOs of large firms filing for bankruptcy are more likely to exit the executive labor market after bankruptcy and …-taking and manifest itself as lower rates of entrepreneurship and job growth, the mechanisms through which bankruptcy affects CEO … careers are not well understood. In this paper, we examine the effect of "random bankruptcy" decisions on small and medium …