This paper introduces a large-scale administrative panel data set on corporate bankruptcy in Germany that allows for an … to bankruptcy risk but confirm negative size dependence for mature plants, only. Our results corroborate hypotheses … stressing increasing capabilities and positional advantage, both predicting negative age dependence with respect to bankruptcy …

In this paper we use balance-sheet data and information on bankruptcy to study the relationship between investment …, financial constraints, and bankruptcy in a posttransition country. Our data constitute a dynamic panel and cover the period 2006 …