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The track record of Swiss publicly listed companies in creating economic value is assessed, along with their propensity to experience corporate distress. This assessment is conducted both in absolute terms and relative to foreign peers for the years 2005 to 2022. Established measures of...
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This paper examines the role of geography and culture in explaining bankruptcy. We adopt survival analyses to model the … bankruptcy risk of a firm, allowing for time-varying covariates. Based on a large sample from all major sectors of the Swiss …-periphery approach, has a significant impact on its bankruptcy risk; (ii) Variables proxying for the cultural environment of a firm have …
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