During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this study is to assess the effectiveness of retrenchment strategies in the context of bankruptcy, as the most severe form of crisis. We conducted a longitudinal analysis of a sample of...

El objetivo de este trabajo es evaluar el riesgo de mortalidad empresarial. Para ello, en una muestra de más de 11.741 empresas pertenecientes al sector textil-confección se ha estudiado, junto con otros factores, la influencia de la proximidad geográfica (efecto distrito) y la actividad...

Purpose: This paper aims to analyse which firm-level characteristics drive their location decisions when investing in a foreign country. Focusing on origin clusters, the authors will study the potential influence of the home country context and, in particular, the impact of firm-level factors,...