IMPORTANT INFORMATION: the repository will be upgraded and won't be available from Friday 21 - Monday 24 July inclusive.
Browsing by Subject "Macroeconomic Instability"
Now showing items 1-2 of 2
Business Failure in UK and US Quoted Firms: Impact of Macroeconomic Instability and the Role of Legal Institutions (Faculty of Economics, 2004-06-16)Firms exit through the mutually precluding events of bankruptcy and acquisition. We use a competing risks hazard regression model to identify the characteristics leading to each of these two outcomes using over thirty ...
Macro Economic Instability and Business Exit: Determinants of Failures and Acquisitions of Large UK Firms (Faculty of Economics, 2004-06-16)Using data over a 34-year span on UK quoted firms, this paper seeks to identify the factors that increase the likelihood of exit of firms. Firms may disappear through the mutually precluding events of bankruptcies and ...