... failure. Formally, the third hypothesis states: H3. Ceteris paribus, there is a negative relationship between the RCI and corporate failure. Kingsley Opoku Appiah can be contacted at: koappiah.ksb@knust.edu.gh © Emerald Group Publishing Limited 2015 Bankruptcy...

... Group Publishing Limited 2014 Boards of directors Corporate crisis Empirical literature Turnaround Bankruptcy Boardroom effectiveness Business failures Chief executives Directors It is a matter of fact that, at least over the past 30 years, the empirical research on corporate...

...M. Adnan Aziz; Humayon A. Dar Purpose The incidence of important bankruptcy cases has led to a growing interest in corporate bankruptcy prediction models since the 1960s. Several past reviews of this literature are now either out‐of‐date or too narrowly focused. They do not provide a complete...

...P. Scott Scherrer This article addresses strategies used by creditors to take control of businesses in bankruptcy. The creditors are able to convert their debt to equity ownership by acquiring a significant amount of the companies’ outstanding debt and then controlling the bankruptcy process...

... techniques by incorporating Cox Proportional Hazards regressions. We longitudinally track an ex ante sample of 176 financially distressed firms. The results suggest that firms that replaced their CEO with an outsider, were more than twice as likely to experience bankruptcy. Furthermore, larger levels...