Ooghe, HubertDe Prijcker, Sofie2017-12-022017-12-02200810.1108/00251740810854131http://hdl.handle.net/20.500.12127/2784The purpose of this paper is to show that previous research about financial and non‐financial 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.enBankruptcyFinancial ManagementCompaniesCorporate StrategyManagement Decision93113358913160