The growing and diverse literature on insolvency is comprehensively and critically reviewed. The limited portfolio that small firms represent, in particular as regards their managerial capabilities, is suggested as an added reason for the strong inverse correlation of probability of insolvency with firm size. The evidence from a hitherto largely untapped source of data, the reports of the British Official Receiver, is analysed using contingency tables. The most important reason for their failure given by the owners of insolvent firms is weaknesses in operational management, particularly in the adequacy of their capital. Marked inter-temporal and inter-regional differences are evident within the data. Copyright 1992 by Kluwer Academic Publishers
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Volume (Year): 4 (1992) Issue (Month): 3 (September) Pages: 237-50 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)