Inefficient and uncompetitive companies operating in the economy are a significant
impediment to sustainable economic growth. This article contributes to the knowledge on so …

This paper shows the existence of extreme types of zombie firm, ie companies with negative
equity that continue to do business despite having lost their entire equity. We explain how …

This study aims to examine the effect of four variables, which include independent
commissioners, audit committees, institutional ownership and managerial ownership as a …

Surviving beyond expiry: a systematic literature review of zombie firms | Emerald Insight
Books and journals Case studies Expert Briefings Open Access Publish with us Advanced …

This paper is an attempt to empirically examine the influence of corporate governance on
zombie theory. Recent data indicates that the problem affects more than 10% of all firms and …

The phenomenon of zombie firms is gaining the attention of economists across different
countries of the world; the increased interest is particularly evident after periods of economic …

We examine whether expanded audit report (EAR) disclosures classified as the audit
opinion, going concern uncertainty paragraphs (GCUPs), emphasis of matter paragraphs …

Purpose The purpose of this paper is to analyse to what extent industry, year and firm effects
influence the profitability of the firms operating in the Czech food processing industry. The …

The financial distress of state-owned enterprises (SOEs) has become the main focus of
numerous researchers due to the ongoing financial burden on the state and their inability to …

Moral hazard in an organization occurs when people make decisions and take a high risk for
their own benefit, given that they would not have to bear all the negative ensuing …