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    Financial distress models in Belgium: The results of a decade of empirical research

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    Publication type
    Journal article
    Author
    Ooghe, Hubert
    Joos, Philip
    De Bourdeaudhuij, C.
    Publication Year
    1995
    Journal
    The International Journal of Accounting
    Publication Volume
    30
    Publication Issue
    3
    Publication Begin page
    245
    Publication End page
    274
    
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    Abstract
    In Belgium, the first financial distress models were estimated in 1982 by Ooghe and Verbaere. An overview is presented of the financial distress studies conducted in Belgium since then. Starting from the early models, the research efforts concentrated on the validation of those models are described, which led finally to the estimation of the 2nd generation of models in 1991 by Ooghe, Joos and De Vos. Some suggestions for further research are presented.
    Keyword
    Corporate Finance
    Knowledge Domain/Industry
    Accounting & Finance
    URI
    http://hdl.handle.net/20.500.12127/143
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