Considerations on Business Risk of Bankruptcy
Considerations on Business Risk of Bankruptcy

Summary/Abstract: The “new economy” has set new economic and financial development models and consequently new models to predict failure for companies. In this article we intend to do an overview of the bankruptcy concept, of the bankruptcy causes, of the national and international statistics on bankruptcy. Also, we highlight the additional criteria of that improvement in order to predict the business risk of bankruptcy in the current context of sustainable development culminating with the actual financial crisis context. This paper is a synthesis of the business bankruptcy risk issues, issues that must be known by any company manager in order to ensure business continuity.

• Details
• Contents