Analysis of Bankruptcy Threat for Risk Management Purposes: A Model Approach

In previous works, the importance of risk management implementation was addressed with regard to the problem of bankruptcy threat, with the explanation of risk impact on higher bankruptcy costs or the underinvestment problem. However, the evaluation of the impact of risk outcomes is technically link...

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Bibliographic Details
Main Authors: Monika Wieczorek-Kosmala, Joanna Błach, Joanna Trzęsiok
Format: Article
Language:English
Published: MDPI AG 2018-12-01
Series:International Journal of Financial Studies
Subjects:
Online Access:https://www.mdpi.com/2227-7072/6/4/98