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


  • Liefooghe, B


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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    References listed on IDEAS

    1. Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982. "Rational cooperation in the finitely repeated prisoners' dilemma," Journal of Economic Theory, Elsevier, vol. 27(2), pages 245-252, August.
    2. Bergstrom, Theodore & Blume, Lawrence & Varian, Hal, 1986. "On the private provision of public goods," Journal of Public Economics, Elsevier, vol. 29(1), pages 25-49, February.
    3. Anderson White, T. & Ford Runge, C., 1995. "The emergence and evolution of collective action: Lessons from watershed management in Haiti," World Development, Elsevier, vol. 23(10), pages 1683-1698, October.
    4. Runge, Carlisle Ford, 1986. "Common property and collective action in economic development," World Development, Elsevier, vol. 14(5), pages 623-635, May.
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    JEL classification:

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


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