Doomed Firms : An Econometric Analysis of the Path to Failure (Paperback)

Contents: Theoretical Issues: Introduction; Precursors and challenges in the literature; Failure of firms as process: a new modelling methodology. Empirical Issues: Towards a Dynamic Modelling of Financial Distress: The internal environment: the financial ratios; The external environment: the impact of the macroeconomy; Combining the impact of the internal and external factors on financial distress; A dynamic model of financial distress: the path to failure. Discussion and Conclusions: Conclusion. Appendices: Appendix A - Appendix P; Bibliography; Index.