This paper has the core aim of investigating the usefulness of employing accounting information, macroeconomic variables and corporate governance measures to predict corporate failure in an Egyptian setting. The empirical study is directed to adapting a corporate failure prediction model applied...

Poor corporate governance can damage the interests of shareholders, and may lead to company collapse. Previous studies in credit risk prediction provide no consensus as to which and how corporate governance variables determine bankruptcy. This paper is the first to apply a discrete time hazard...