Structural and Evolutionary Patterns of Companies in a Financial Distress Situation
The present paper studies the evolution of a set of USA firms during the years 1993–2002. The firms that faced a difficult economic and financial situation in 1993 were considered to be in a distress situation. The aim of this study is to explore if the evolution of this situation depends on the ini...
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| Format: | Article |
| Language: | English |
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Asia University
2011-01-01
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| Series: | Advances in Decision Sciences |
| Online Access: | http://dx.doi.org/10.1155/2011/928716 |
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doaj-d498739dd8b64ab382c5660ddd2dc2422020-11-25T01:29:28ZengAsia UniversityAdvances in Decision Sciences2090-33592090-33672011-01-01201110.1155/2011/928716928716Structural and Evolutionary Patterns of Companies in a Financial Distress SituationM. I. González-Bravo0Arjola Mecaj1Facultad de Economía y Empresa, Campus Miguel de Unamuno, 37007 Salamanca, SpainFacultad de Economía y Empresa, Campus Miguel de Unamuno, 37007 Salamanca, SpainThe present paper studies the evolution of a set of USA firms during the years 1993–2002. The firms that faced a difficult economic and financial situation in 1993 were considered to be in a distress situation. The aim of this study is to explore if the evolution of this situation depends on the initial features of the distress or if it concerns certain firms' characteristics. If the evolution is independent from the above, the management decisions become crucial in critical times. For the analysis we used a Multidimensional Scaling methodology where the firms are represented in a consensus map according to symptom variables, reaction variables, and recovering variables.http://dx.doi.org/10.1155/2011/928716 |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
M. I. González-Bravo Arjola Mecaj |
| spellingShingle |
M. I. González-Bravo Arjola Mecaj Structural and Evolutionary Patterns of Companies in a Financial Distress Situation Advances in Decision Sciences |
| author_facet |
M. I. González-Bravo Arjola Mecaj |
| author_sort |
M. I. González-Bravo |
| title |
Structural and Evolutionary Patterns of Companies in a Financial Distress Situation |
| title_short |
Structural and Evolutionary Patterns of Companies in a Financial Distress Situation |
| title_full |
Structural and Evolutionary Patterns of Companies in a Financial Distress Situation |
| title_fullStr |
Structural and Evolutionary Patterns of Companies in a Financial Distress Situation |
| title_full_unstemmed |
Structural and Evolutionary Patterns of Companies in a Financial Distress Situation |
| title_sort |
structural and evolutionary patterns of companies in a financial distress situation |
| publisher |
Asia University |
| series |
Advances in Decision Sciences |
| issn |
2090-3359 2090-3367 |
| publishDate |
2011-01-01 |
| description |
The present paper studies the evolution of a set of USA firms during the years 1993–2002. The firms that faced a difficult economic and financial situation in 1993 were considered to be in a distress situation. The aim of this study is to explore if the evolution of this situation depends on the initial features of the distress or if it concerns certain firms' characteristics. If the evolution is independent from the above, the management decisions become crucial in critical times. For the analysis we used a Multidimensional Scaling methodology where the firms are represented in a consensus map according to symptom variables, reaction variables, and recovering variables. |
| url |
http://dx.doi.org/10.1155/2011/928716 |
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AT migonzalezbravo structuralandevolutionarypatternsofcompaniesinafinancialdistresssituation AT arjolamecaj structuralandevolutionarypatternsofcompaniesinafinancialdistresssituation |
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