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Causes et mecanismes des faillites d'entreprises : une synthese bibliographique

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  • Liefooghe, B

Abstract

The paper presents a comprehensive survey of the theoretical and empirical literature about corporate failure, ordered according to the different aspects and chronological stages of the failure process. Failure is seen as an inherently dynamic and multifaceted economic and social phenomenon, the final outcome of a set of weakening, inducing and worsening factors, produced by a combination of hazard and determinism, also called "organizing hazard".

Suggested Citation

  • Liefooghe, B, 1997. "Causes et mecanismes des faillites d'entreprises : une synthese bibliographique," Papers 189, Notre-Dame de la Paix, Sciences Economiques et Sociales.
    • Handle: RePEc:fth:nodapa:189
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    Keywords

    BANKRUPTCY;

    JEL classification:

    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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