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The presence in the highly competitive environment in recent years complicates the activities of firms. The risk of mild financial failure resulting from loss of firm and/or liquidity problem may go up to the bankruptcy of the company. Financially distressed firms have problems paying off their due or overdue financial obligations to their creditors. In parallel with this situation, understanding financial distress and bankruptcy risks is getting important to managers, creditors, auditors and financial analysts.

i̇şletme araştırmaları dergisi

Finansal Başarısızlık Riskinin Belirleyicileri: Borsa İstanbul da Bir Uygulama - The Determinants Of Financial Distress: An Application On Borsa Istanbul