Table 1

Sectoral distribution of the sample

SectorNon-B.% Non-B.Bankrupt% BankruptBankruptcy rate
Construction (41–43)6526.6%5212.0%7.4%
Mining and Quarry (05–09)660.7%51.1%7.0%
Other services (94–96)290.3%20.5%6.5%
Transportation (49–53)4394.4%306.9%6.4%
Manufacturing (10–33)3,14231.6%19745.3%5.9%
Other4,67356.4%8434.2%1.8%
Total9,001100%370100%3.9%

Note(s): NACE two-digit codes in parentheses after the sector names represent the European Statistical Classification of Economic Activities. The table shows the sectors with bankruptcy rates above 5% (sample bankrupt companies divided by the total number of companies in each sector), with all remaining sectors grouped as “Other”. Non-B and Bankrupt show the number of companies in each sector that are not bankrupt and bankrupt, respectively. The following percentages are their weight in their category

Source(s): Authors’ own elaboration

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