Irfan, Mohd; Saha, Sarani; Singh, Sanjay Kumar - In: Journal of Economic Studies 45 (2018) 4, pp. 791-809
Purpose: The purpose of this paper is to examine the factors associated with three modes of firms’ exit (voluntary liquidation, involuntary liquidation and acquisition) in a mutually exclusive environment. In particular, three modes of exit are treated as independent events given that...