and the Dun & Bradstreet exit database for Switzerland (1995-2000). Employing duration analysis, we find considerable …

Prior to being a simple concept, the entrepreneurial failure is a multidimensional phenomenon. To contribute to its … comprehension, this paper proposes to develop a synthetic vision of failure in order to escape a behavioral and partial approach … between the performance (or failure) of companies and some environmental variables. We also introduce a dynamic view of …

advantages of both hazard and modified Merton DD model, which could timely reflect market volatility and predict when distress …