Bankruptcy prediction based on the debt ratio
The theory and practice of the financial ratio analysis suggest the existence of an important positive correlation between the debt ratio and the bankruptcy risk. Previous studies conducted on a sample of Romanian companies confirm this hypothesis and recommend the debt ratio as a useful tool for me...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2016-06-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1188.pdf
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