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Keywords: Failure
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Journal Articles
Journal of Risk Finance (2023) 24 (3): 337–353.
Published: 28 February 2023
... conditions, and industry and regional dummies are used as independent variables in a logit model to predict the failure of reorganization processes. In addition, an out-of-sample analysis is carried out for the 2019 and 2020 periods. Findings The results show a high predictive power of the estimated...

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