کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1019177 | 1482854 | 2006 | 8 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
On the bankruptcy of internet companies: An empirical inquiry
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
مدیریت، کسب و کار و حسابداری
کسب و کار و مدیریت بین المللی
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چکیده انگلیسی
In this paper we investigate bankruptcy of Internet (dotcoms) companies. Using a calendar-time model, we identify three key predictors of company failure; net income to total assets, cash flow to total liabilities, and total assets. In addition, we use an event-time model and find that liquidity becomes more important as a predictor than profit potential about one year prior to the failure, but that this finding is reversed (i.e. liquidity is less important than profit potential) three years prior to bankruptcy. Our results also suggest that three years prior to bankruptcy, a higher ratio of total liabilities to total assets is associated with lower odds of survival.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Business Research - Volume 59, Issues 10–11, October 2006, Pages 1193–1200
Journal: Journal of Business Research - Volume 59, Issues 10–11, October 2006, Pages 1193–1200
نویسندگان
James J. Cochran, Ali F. Darrat, Khaled Elkhal,