Much work has been done in the last two decades to estimate the determinants of bankruptcy of large firms. Very little … work appears to have been attempted in the area of small firm bankruptcy. This paper goes some way to remedy the deficiency … by estimating conditional logistic probability regressions for small firm bankruptcy on a recently constructed U …

Two recent papers examine the impact of corporate bankruptcy laws on new business start-ups in 29 countries over 1990 … bankruptcy laws over the years studied. It is statistically inappropriate and inaccurate to treat bankruptcy laws as time … invariant, as in Peng et al. (2010) and Lee et al. (2010), particularly in view of the dramatic changes in bankruptcy laws over …

state-contingent policies. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 in particular generates a …

Small businesses, the majority of Spanish firms, rarely file for formal bankruptcy when dealing with financial distress …. This is why business bankruptcy rates in Spain are among the lowest in the world, even during the current economic crisis …. To explain this fact we present the following hypothesis. Filing for bankruptcy in Spain is very costly for both small …

This work has the aim of analyzing the influence of bank and trade debt in the duration of the process of bankruptcy in … Spain. To that end, a sample of 567 firms, that fill in bankruptcy between 2004 and 2009, is used. The results show a … different behavior between banks and trade creditors, considering the level of their debt and the type of bankruptcy resolution …

bankruptcy models accuracy of companies listed in the industrial sector of Jordan. The study sample is divided into three sub … classification accuracy with 100% and consistently for all the samples before bankruptcy. The prediction ac curacy varies among …

This paper presents analysis of profitability indicators of Polish construction companies threatened with bankruptcy …

In this study we investigate how bankruptcy affects the market behaviour of prices of stocks on Warsaw's Stock Exchange … bankruptcy, but also to compare the changes in predictability over time, as well as divided into different categories of …