Keywords: Distressed firms
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Journal Articles
Journal of Modelling in Management (2021) 16 (3): 987–1001.
Published: 27 January 2021
... is to examine how such a policy management affects the sustainability of the firm (measured by the future sales and total factor productivity[TFP]) and the wealth of its shareholders (measured by the Stock Returns). Findings The results show that the distressed firms that distribute dividends at the end...

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