Much of the research on entrepreneurial exit has focused on exit as a dichotomous outcome
whereby exit is viewed negatively and survival positively. This perspective is quite different …

Over the last 35 years, business failure prediction has become a major research domain
within corporate finance. Numerous corporate failure prediction models have been …

We investigate whether environmental, social and governance (ESG) disclosure is related to
default risk. Using a sample of US nonfinancial institutions from 2006 to 2017, we find that …

In the present competitive business environment and era of globalized marketing, supply
chain (SC) of the leather industry is facing a variety of risks. Hence, one of the fundamental …

Considering the fundamental role played by small and medium sized enterprises (SMEs) in
the economy of many countries and the considerable attention placed on SMEs in the new …

Within the commercial client segment, small business lending is gradually becoming a major
target for many banks. The new Basel Capital Accord has helped the financial sector to …

Some studies find that market power is associated with credit availability (information
hypothesis); others find that less competitive banking markets lead to more credit rationing …

Corporate social responsibility (CSR) is receiving a growing attention from both academic
researchers and business managers. Prior research suggests that CSR, by its ability of …

This paper investigates the relationship between firm efficiency and leverage. We consider
both the effect of leverage on firm performance as well as the reverse causality relationship …

This paper investigates whether productive inefficiency measured as the distance from the
industry's 'best practice'frontier is an important ex-ante predictor of business failure. We use …