Failure processes and causes of company bankruptcy: a typology
Ooghe, Hubert ; De Prijcker, Sofie
Ooghe, Hubert
De Prijcker, Sofie
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Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2008
Journal
Management Decision
Book
Publication Volume
46
Publication Issue
2
Publication Begin page
223
Publication End page
242
Publication NUmber of pages
43
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Abstract
The purpose of this paper is to show that previous research about financial and nonāfinancial causes of bankruptcy has neglected the time dimension of failure. The paper seeks to gain deeper insight into the failure process of a company, giving it a more grounded understanding of the relationship between the characteristics of a company, the underlying causes of failure and the financial effects.
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Organizational Units
Journal Issue
Keywords
Bankruptcy, Financial Management, Companies, Corporate Strategy