Common distress and reorganization patterns by sector and country for SMEs in six European countries using PDFR

Common distress and reorganization patterns by sector and country for SMEs in six European countries using PDFR

This study contributes to identifying common distress patterns in financial indicators by sector and country in Finland, France, Germany, Italy, Portugal, and Spain as well as ex-post signals of reorganization success. We use PDFR that provides a distance-to-failure measure and allows us to track t...

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Bibliographic Details
Main Authors: María-Teresa Tascón, Erkki K Laitinen, Francisco J Castaño, Paula Castro, Annukka Jokipii
Format: Article
Language:English
Published: Universidad de Murcia 2023-07-01
Series:Revista de Contabilidad: Spanish Accounting Review
Subjects:
Business reorganization
Business failure
SMEs
PDFR
Boosting
Online Access:https://revistas.um.es/rcsar/article/view/420171

Internet

https://revistas.um.es/rcsar/article/view/420171

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