researches of corporate bankruptcy prediction, laying emphasis on the 30-year development history of Hungarian empirical results …. In ex-socialist countries corporate bankruptcy prediction became possible more than 20 years later compared to the … western countries, however, based on the historical development of corporate bankruptcy prediction after the political system …

have failed if it has faced bankruptcy or judicial administration in the past. Based on the model results, companies are …

are more associated with the structure of the applicable bankruptcy laws and methods available to resolve a failed … directed first at closing institutions promptly, reforming bankruptcy statutes to admit special procedures for handling bank …

outcomes of both entrepreneurial activity (investment effort) and bankruptcy. Without correcting for endogeneity it does appear … that starting businesses causes bankruptcy. After using charitable foundations as an instrument, however, the data confirms … effect of confidence on bankruptcy to be non-monotonic. Having some confidence decreases the probability of bankruptcy, but …

repayment obligations and thus the risk of bankruptcy. If the risk of bankruptcy enters the profit maximization of the firm, the … cover a period of 12 years. The empirical results confirm the assumption that the risk of bankruptcy is an important … decisions of enterprises, or whether bankruptcy probabilities better account for these potential financial risks. …