Assessment and estimation of bankruptcy risk is important for managers in decision making for improving a firm's financial performance, but also important for investors that consider it prior to making investment decision in equity or bonds, creditors and company itself. The aim of this paper is...

Financial accounting information plays an important role in assessing and forecasting firms' financial performance. But besides that, there are other external factors affecting the performance of firms, such as economic and financial crises, which cause imbalances over the economy and affects...

This paper examines several dimensions of the financing behavior of subsidiary of diversified firms and of their comparable single-segment firms. To investigate this, we use two balanced panels of 636-euro area firms each, over the 2004-2017 period. Our empirical analysis document that...