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Persistent link: https://www.econbiz.de/10003805137
Using data over a thirty-four year span on UK quoted firms, this paper seeks to identify the factors that increase the likelihood of exit of firms. Firms may disappear through the mutually precluding events of bankruptcies and acquisitions. We use a competing-risks hazard model to determine...
Persistent link: https://www.econbiz.de/10014116790