Showing 1 - 7 of 7
ENGLISH ABSTRACT: To date, there has been significant research completed on the topic of corporate financial distress. Two pioneering researchers in the field of predicting financial distress was Beaver in 1966 and Altman in 1968. More recent research, based on companies listed on the JSE has...
Persistent link: https://www.econbiz.de/10009442208
In India, the term ‘sick units’ refers to economically unviable firms which are kept alive ‘in the public interest’ by means of subsidies of various kinds. Since this practice is common, and large parts of the industrial sector are affected, this phenomenon is referred to as industrial...
Persistent link: https://www.econbiz.de/10009468688
, performed analysis of the adequacy of working capital, is determined whether there is a possibility of bankruptcy probability …
Persistent link: https://www.econbiz.de/10009478461
Object of the research – formation of capital structure. Objective of the research is to investigate the behaviour of Lithuanian companies from the pecking order theory and harmonization of business and financial risk point of views. The main tasks are solved: 1) to investigate the traditional...
Persistent link: https://www.econbiz.de/10009478777
One of the most popular ways to measure financial distress and bankruptcy risk this time is E. Altman method, which is … financial distress and bankruptcy risk. In the other hand, macroeconomic indicators also influence the number of enterprises … distress and bankruptcy risk, its methods. Further on, I review bankruptcy legislation, enterprises bankruptcy situation and …
Persistent link: https://www.econbiz.de/10009478891
conjunction with Gordon Phillips, empirically studies how financial distress and bankruptcy affects firms' choices of product … differentially affected by financial distress and bankruptcy. Product quality decreases when airlines are in financial distress … bankruptcy product quality increases relative to financial distress periods. …
Persistent link: https://www.econbiz.de/10009450884
In this dissertation, I try to advance our understanding of how managerial discretion and corporate financial flexibility affect various corporate outcomes such as failure, excessive (sub-optimal) continuation, firm growth and investment, in three novel ways. First, I show that the empirical...
Persistent link: https://www.econbiz.de/10009455300