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Corporate Financial Distress

A Study of the Italian Manufacturing Industry

  • Matteo Pozzoli
  • Francesco Paolone

Part of the SpringerBriefs in Finance book series (BRIEFSFINANCE)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Matteo Pozzoli, Francesco Paolone
    Pages 1-2
  3. Matteo Pozzoli, Francesco Paolone
    Pages 3-10
  4. Matteo Pozzoli, Francesco Paolone
    Pages 11-28
  5. Matteo Pozzoli, Francesco Paolone
    Pages 29-43
  6. Matteo Pozzoli, Francesco Paolone
    Pages 45-46

About this book

Introduction

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.

Keywords

Financial Engineering Financial Accounting Risk Management Logit Regression Performance Indicators Italian Manufacturing Bankruptcy Prediction Bankruptcy Prevention

Authors and affiliations

  • Matteo Pozzoli
    • 1
  • Francesco Paolone
    • 2
  1. 1.Department of LawParthenope University of NaplesNaplesItaly
  2. 2.Department of Accounting, Business and EconomicsParthenope University of NaplesNaplesItaly

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-67355-4
  • Copyright Information The Author(s) 2017
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-67354-7
  • Online ISBN 978-3-319-67355-4
  • Series Print ISSN 2193-1720
  • Series Online ISSN 2193-1739
  • Buy this book on publisher's site