Corporate financial distress [electronic resource] : a study of the Italian manufacturing industry / Matteo Pozzoli, Francesco Paolone.

This book explores methods and techniques to predict and eventually prevent financial distress in corporations. It analyzes the effects of the global financial crisis on Italian manufacturing companies and, more specifically, whether the crisis has increased the number of firms that are likely to fa...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Authors: Pozzoli, Matteo (Author), Paolone, Francesco (Author)
Format: Electronic eBook
Language:English
Published: Cham : Springer Verlag, 2017.
Series:SpringerBriefs in finance.
Subjects:

MARC

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505 0 |a 1. Defining Corporate Financial Distress and Bankruptcy -- 2. The Models of Financial Distress -- 3. Data analysis and empirical results -- 4. Conclusions and implications. 
504 |a Includes bibliographical references at the end of each chapters. 
520 |a This book explores methods and techniques to predict and eventually prevent financial distress in corporations. It analyzes the effects of the global financial crisis on Italian manufacturing companies and, more specifically, whether the crisis has increased the number of firms that are likely to fail. In the first chapter, the authors widely discuss the Corporate Financial Distress as well as the process and costs incurred. The second chapter is based on a review of the most used statistical models, splitting them into accounting-based and market-based models. The following chapter is dedicated to the methodology and the empirical analysis on Italian manufacturing companies from different industries. The last chapter presents practical evidence from Italian manufacturing companies during the recent financial crisis. 
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