Purpose – The aim of the paper is to investigate several aspects of bankruptcy prediction within both theoretical and … – Business failure has been one of the most investigated topics within corporate finance and the empirical approach to bankruptcy … based on the analysis of financial data for the prediction and diagnosis of the risk of bankruptcy. Findings – The paper …

from involuntary bankruptcy. The landmark 2005 bankruptcy legislation continues that favored status even though the thrust … bankruptcy amendments made Chapter 12 bankruptcy for family farmers a permanent part of the Bankruptcy Code, relaxed the rules on … family farmers eligible to file for Chapter 12 bankruptcy relief, and created an innovative way to treat tax liability from …

The purpose of this article is to describe Chapter 12 of the Federal Bankruptcy Code and recent changes in federal … bankruptcy legislation that affect family farmers and fishermen. Chapter 12 provides debt relief to financially stressed family … of the early‐ to mid‐1980s, and was subsequently renewed by Congress until being made a permanent part of the Bankruptcy …

Purpose – The paper's aim is to test the usefulness of ratio analysis to predict bankruptcy in a period of stability of … incremental information content of profitability and solvency in predicting bankruptcy is examined and a simple and reliable …

's post‐bankruptcy performance following reorganisation. Design/methodology/approach – The study is based on agency theory and … uses a unique sample of 111 filing companies whose reorganisation plans have been confirmed by the Thai Central Bankruptcy … determinants of a firm's post‐bankruptcy performance. The key monitoring mechanism is ownership concentration, measured by shares …

likely to experience bankruptcy. Furthermore, larger levels of blockholder and insider ownership over the sample period are …

This article addresses strategies used by creditors to take control of businesses in bankruptcy. The creditors are able … controlling the bankruptcy process. The article provides an example of this process. Further, the risks concomitant with the debt …