1.

Record Nr.

UNINA9910255038503321

Autore

Pozzoli Matteo

Titolo

Corporate Financial Distress : A Study of the Italian Manufacturing Industry / / by Matteo Pozzoli, Francesco Paolone

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2017

ISBN

3-319-67355-6

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (IX, 46 p. 1 illus. in color.)

Collana

SpringerBriefs in Finance, , 2193-1720

Disciplina

658.15

Soggetti

Corporations—Finance

Industries

Financial crises

Industrial organization

Statistics

Corporate Finance

Financial Crises

Industrial Organization

Statistics for Business, Management, Economics, Finance, Insurance

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters.

Nota di contenuto

1. Defining Corporate Financial Distress and Bankruptcy -- 2. The Models of Financial Distress -- 3. Data analysis and empirical results -- 4. Conclusions and implications.

Sommario/riassunto

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.