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This paper looks at a sample of small and medium entities in Spain and analyzesthe effect of the vulnerability of … sectors to insolvency on their survival and the probability that they will go bankrupt. We collected data from solvent and … insolvent firms in Spain over the period 2012-2016, and grouped them according to the percentage of insolvencies by sector …
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During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this study is to assess the effectiveness of retrenchment strategies in the context of bankruptcy, as the most severe form of crisis. We conducted a longitudinal analysis of a sample of...
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